Resources and Capabilities That Generate a Temporary Competitive Advantage Are

question 16

Multiple Choice

Resources and capabilities that generate a temporary competitive advantage are:

• A) Valuable, rare and costly to imitate.
• B) A Core Competency
• C) Organized to capture value
• D) Integral to the value chain

Distinguish between various initial solution methods (northwest corner rule, intuitive method) and their implications on transportation cost.

Understand the criteria for a feasible solution in transportation models.

Familiarize with handling degeneracy in transportation models.

Assess the efficacy of different initial solution strategies in terms of cost and feasibility.

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Definitions:

Conservation of Number

A cognitive ability in child development in which the child understands that changing the arrangement of objects does not change the number of objects.

A-not-B Tasks

A cognitive test used to assess the understanding of object permanence in infants, involving hiding an object in one location (A) and then a different location (B) and observing where the infant searches for it.

Goal-driven

Motivated or guided by the desire to achieve specific outcomes or objectives.

Understanding of Minds

The ability to attribute mental states—beliefs, intents, desires, emotions—to oneself and others.