Resources Are a Source of Competitive Advantage When They

question 83

Multiple Choice

Resources are a source of competitive advantage when they

• A) Are difficult to imitate.
• B) Are well organized.
• C) Are rare.
• D) Create customer value.
• E) Are any or all of these.

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Definitions:

Ideological Preferences

The set of beliefs or principles that individuals or groups prefer and use to guide their decisions and actions.

Significant Resources

Considerable or important assets, funds, or materials necessary for achieving specific goals or operations.

Transformational Elections

Elections that result in significant shifts in the political landscape, often altering policies, leadership, and the direction of a country.

Landslide

A geological phenomenon involving the rapid downward movement of a mass of rock, earth, or debris down a slope, often triggered by heavy rain or earthquakes.