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

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Definitions:

Marketing Efforts

Activities and strategies implemented by a company to promote its products or services and increase its market presence and sales.

Static Budgets

Static budgets are financial plans that do not change over the budgeting period, regardless of any changes in business activity levels or operating conditions.

Service Companies

Organizations that provide intangible products to their customers, usually offering professional advice or services rather than physical products.

Activity Levels

Refers to the volume of work or operations within a specific time frame in a business, affecting cost behavior and operational efficiency.