Whether a Resource or Capability Can Support a Competitive Advantage

question 84

Multiple Choice

Whether a resource or capability can support a competitive advantage is determined by which two components of the four tests of competitive power analysis?

• A) Whether the resource or capability is competitively valuable and/or is something that rivals lack
• B) Whether the resource or capability is rare and/or is hard to copy
• C) Whether the resource or capability can be trumped and/or is hard to copy
• D) Whether the resource or capability is competitively valuable and/or there are good substitutes available for the resource
• E) Whether the resource or capability is hard to copy and/or can be trumped by different types of resources and capabilities

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Definitions:

Media Regulation

Laws, rules, and guidelines that govern the operation, content, and impact of media organizations and platforms to ensure they serve the public interest.

Deregulation

Deregulation involves the reduction or elimination of government power in a particular industry, often with the intention of increasing competition and fostering innovation.

Free Market Principles

Economic policies and systems that rely on supply and demand free from government intervention to govern market operations.

Information Flow

Describes the transfer and dissemination of information from its source to receivers through various channels or media.