What Term Describes a Framework Used in Strategy Based on Resource

question 20

Multiple Choice

What term describes a framework used in strategy based on resource heterogeneity which posits that for a competitive advantage to be sustainable,it must be underpinned by resource capabilities that are scarce and imperfectly mobile?

• A)Persistence of profitability for the firm
• B)Capability-based theory of the firm
• C)Regression to the mean
• D)Resource-based theory of the firm
• E)Five-forces framework

Identify key strategic management tools such as SWOT analysis and their components.

Comprehend the role of strategic consensus and implementation in business success.

Appreciate the significance of rapid production, delivery, and continuous cost reduction in modern businesses.

Understand the focal points in the planning process, including mission statements and customer orientation.

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Definitions:

Navigation Pane

A user interface component that displays a structured list of items users can navigate to within an application or website.

Tell Me Box

A feature in Microsoft Office applications used to search for commands or help with tasks.

Online Pictures Button

A feature in software that allows users to search and insert pictures from the internet directly into their documents or presentations.

Spelling Change Indicator

A tool or feature in word processing software that highlights words that might be misspelled by underlining them, suggesting possible correct spelling.