The Four Tests of a Resource's Competitive Power Are Often

question 163

Multiple Choice

The four tests of a resource's competitive power are often referred to as:

• A) the SCIR test,which asks if a resource is sustainable,competitive,internalized,and reproducible.
• B) the competitive advantage sustainable method test.
• C) the reliability resources simulation.
• D) the VRIN test,which asks if a resource is valuable,rare,inimitable,and non-substitutable.
• E) the organizational capability metric analysis.

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Definitions:

Face Value

The nominal or dollar value printed on a bond or stock certificate, representing the amount due at maturity or the value of a share.

Annual Interest

The amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed.

Montreal Bond Market

A marketplace for the trading of bonds issued within or by entities located in Montreal, Canada, or related to its economy.

Liquidity

The measure of how easily assets can be converted into cash with little impact on their value; crucial for the smooth operation of financial markets.