When an Activity Becomes Something a Company Has Learned to Perform

question 18

Multiple Choice

When an activity becomes something a company has learned to perform proficiently and capably,it is said to have:

• A) a competence.
• B) a competitive advantage over rivals.
• C) a key value chain proficiency.
• D) a distinctive capability.
• E) a resource advantage.

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Definitions:

Subject Matter Jurisdiction

The power granted to a court to handle cases within a particular category or linked to distinct subject areas.

In Personam Jurisdiction

Legal authority for a court to make decisions affecting a particular person's rights or obligations.

Jurisdiction in Rem

A legal principle allowing courts to exercise authority over a property regardless of the owner's location.

Directed Verdict

A ruling by a court in favor of one party without the need for deliberation by the jury, usually because the evidence overwhelmingly supports one side.