The Resource-Based View of a Firm Assumes That the

question 75

Multiple Choice

The resource-based view of a firm assumes that the

• A) resources of firms are highly scarce and hence the government interferes to ensure equal distribution.
• B) resources of firms are highly exhaustible and hence they cannot contribute to their competitive advantage.
• C) resource bundles of firms competing in the same industry are unique to some extent and thus differ from one another.
• D) resource bundles of firms competing in the same industry tend to be highly mobile, moving easily from firm to firm.

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Definitions:

Variance

A statistical measure of the spread of a set of scores, calculating the average of the squared differences from the mean.

Sample Variance

A measure of the dispersion of a set of data points in a sample population, calculated by taking the mean of squared deviations from the sample mean.

Sample Standard Deviation

A measure of the dispersion or spread of data points in a sample from its mean.

Hypotheses

Testable statements or predictions, often derived from a theoretical framework, that can be tested through empirical research.