What Does the Relational View of Competitive Advantage Propose

question 53

Multiple Choice

What does the relational view of competitive advantage propose?

• A) A strategic alliance has the potential to help a firm gain a competitive advantage when it joins together resources that are common, inexpensive, and easy to imitate.
• B) The locus of competitive advantage is often not found within the individual firm but within a strategic partnership.
• C) Strategic alliances fail to provide competitive advantage when they involve joining different parts of a firm's value chain, such as R&D and marketing.
• D) A firm has a competitive advantage over its rivals when it can provide goods or services similar to the competitors' at a higher price.

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Definitions:

Venous Return

The flow of blood back to the heart through the veins, critical for maintaining cardiovascular function.

Cardiac Cycle

The cardiac cycle is the sequence of events that occurs during one heartbeat, involving the contraction (systole) and relaxation (diastole) of the atria and ventricles to pump blood throughout the body.

Stroke Volume

The volume of blood pumped from the heart's left ventricle per beat.

Cardiac Output

Cardiac Output is the volume of blood the heart pumps through the circulatory system in one minute.