For a Particular Company Resource to Have Meaningful Competitive Power

question 68

Multiple Choice

For a particular company resource to have meaningful competitive power and perhaps qualify as a basis for competitive advantage,it should

• A)be competitively important,hard for competitors to copy or imitate,rare and something rivals lack,and not be easily trumped by the substitute resources/capabilities of rivals.
• B)be something that a company does internally rather than in collaborative arrangements with outsiders.
• C)be patentable.
• D)be rooted in the company's organizational capital,information capital,or human capital.
• E)have the potential for lowering the firm's unit costs.

---

Definitions:

Free Labor

Describes a labor system where workers are not coerced into working through slavery or indenture but rather work for wages and can leave their employment freely.

Working for Wages

The practice of performing labor in exchange for a predetermined payment, typically based on hours worked or tasks completed.

No Wages

A situation where labor is performed without the compensation of money; often associated with slavery, involuntary servitude, or unfair labor practices.

Tax-Free Wages

Refers to income earned that is not subject to income tax by the government.