In the Context of the Resource-Based Model of Competitive Advantage,if

question 60

Multiple Choice

In the context of the resource-based model of competitive advantage,if a successful firm exhibits resource immobility it means that the

• A) rival firms have better accessibility to quality resources.
• B) firm will have a sustained competitive advantage because of its unique resources.
• C) competitors can easily replicate or copy the firm's resource bundles and capabilities.
• D) resources of the firm cannot be effectively deployed within its own organization.

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Definitions:

Properly Delivered

Pertains to goods or documents being conveyed to the correct recipient in good condition and within the agreed timeframe.

Bearer Paper

A negotiable instrument that is payable to whoever holds the document; the physical possession of the document is the only requirement for entitlement to payment.

Stop Payment Order

A stop payment order is a request made to a bank or financial institution to cancel a check or payment before it is processed or cashed.

Holder In Due Course

A party possessing a negotiable instrument, such as a check or promissory note, who has certain rights to payment and is protected against some defenses if the instrument was acquired in good faith.