A Firm That Controls a Valuable and Scare Resource Always

question 51

True/False

A firm that controls a valuable and scare resource always has a competitive advantage.

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Definitions:

Incentive

A thing that motivates or encourages someone to do something, often seen as a reward.

Sleep

A naturally recurring state of mind and body characterized by altered consciousness, relatively inhibited sensory activity, and inhibition of nearly all voluntary muscles.

Drive

An internal motivational state created by physiological or psychological needs that drives behavior towards goals or necessities.

Incentive

Something that motivates or encourages an individual to take action or behave in a specific way.