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

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Definitions:

Rate Of Return

The net gain or loss of an investment over a specified time period, expressed as a percentage of the investment's initial cost.

Combined Effect

The cumulative impact of multiple factors or actions taken together, rather than individually.

Income Yield

The income return on an investment, expressed as a percentage of the investment's current market value.

Capital Gain Yield

The price appreciation part of the total return on an investment, expressed as a percentage.