Resources That Have the Potential to Give an Organization a Competitive

question 23

Multiple Choice

Resources that have the potential to give an organization a competitive advantage are

• A) expensive, readily transferrable, covered by patents, and developed over time
• B) single purpose, embedded in organizational routines, easy to copy, short lived
• C) valuable, rare, difficult to copy, and organized effectively
• D) codified, sustainable, technical, and sufficient

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Definitions:

Income Inequality

The uneven distribution of income within a population, leading to gaps between the wealthiest and the poorest members of society.

Marxist

Pertains to the theories and methodologies derived from the works of Karl Marx, focusing on class struggle, economic analysis, and societal change.

Weberian

Pertaining to the theories or methodologies of the German sociologist Max Weber, especially in relation to the social and economic organization of society.

Functionalist

A functionalist is a social theorist who focuses on the role that societal structures and institutions play in maintaining social stability and order.