In Order to Gain a Sustainable Competitive Advantage, Firms Must

question 19

Multiple Choice

In order to gain a sustainable competitive advantage, firms must both control and ________ resources and capabilities, according to the VRINE model.

• A) exploit
• B) value
• C) imitate
• D) develop

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Definitions:

Intelligence

The ability to acquire and apply knowledge and skills, and adapt to new situations.

IQ Scores

Standardized scores derived from intelligence tests designed to measure human intelligence and cognitive abilities.

Race

A social construct used to categorize humans based on physical and genetic characteristics, which can influence individual and group identity.

Wechsler Tests

A suite of standardized tests used to measure intelligence and cognitive ability in adults and children.