The Difference Between Specialized and Generalized Resources and Capabilities Is

question 118

Multiple Choice

The difference between specialized and generalized resources and capabilities is best defined in terms of:

• A) dedicated and undedicated resources.
• B) adapted use of resources for a specific range of industry and business applications in contrast to more generalized applications found to be useful across a wide range of industry and business types.
• C) committed value chain resources and capabilities as opposed to uncommitted resources driving sustainability and competitive advantages.
• D) attached business uses compared to unattached resources relevant to strategic fit.
• E) All of these.

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Definitions:

Mental Maps

Internal representations of the spatial relationships between objects in an individual's environment, influencing navigation and perception.

Barbara Tversky

A cognitive psychologist known for her work in spatial cognition and cognitive maps.

Systematically Distorted

Refers to information or communication that has been altered in a consistent and predictable manner, often leading to misconceptions or biases.

Heuristics

Simple, efficient rules, often hard-coded by evolutionary processes, that help in making decisions, forming judgments, or solving problems.