Which of the Following Terms Best Describes the Ability of a Firm

question 9

Multiple Choice

Which of the following terms best describes the ability of a firm to maintain and adapt the capabilities that are the basis of its competitive advantage?

• A)Riskiness of R&D
• B)Correlated research strategies
• C)Evolutionary economics
• D)Dynamic efficiency
• E)Dynamic capabilities

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Definitions:

Vietnam

A country in Southeast Asia known for its rich history, cultural heritage, and economic growth.

Easement By Necessity

A right of access granted to a property owner because it is absolutely necessary for the use or development of their property, often arising when a property is landlocked.

Landlocked

A property that has no direct access to a public street or way, typically requiring passage through another property to reach a road.

Appurtenant

Appurtenant refers to something that is attached to another thing, legally or physically, and is considered an inherent part of that thing.