According to the Resource-Based View of Competitive Advantage, If a Firm

question 5

Multiple Choice

According to the resource-based view of competitive advantage, if a firm is to maintain a sustainable competitive advantage, it must control a set of resources that have four critical characteristics. Which of the following is one of those characteristics?

• A) Valuable
• B) Easily substitutable
• C) Perfectly imitable
• D) Commonly available
• E) Innovative

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Definitions:

Bicarbonate

A negatively charged ion (HCO3-) that is a form of carbon dioxide in solution, playing a vital role in the buffering of blood pH.

Pancreas

The pancreas is an organ involved in digestion and blood sugar regulation, producing digestive enzymes and insulin, respectively.

Duodenum

The first section of the small intestine immediately beyond the stomach, where the majority of chemical digestion takes place.

Gallbladder

A small, pear-shaped organ located beneath the liver, which stores and concentrates bile, a digestive enzyme produced by the liver.