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According to the Resource-Based View of Information Technology, Sustainable Competitive

question 108

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According to the resource-based view of information technology, sustainable competitive advantage occurs when information technology adds value, is different across firms, and is difficult to create or acquire.


Definitions:

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, a key mechanism of evolution.

Group Selection

A theoretical evolutionary process that argues for the selection of traits beneficial to a group, rather than individuals.

Biologists

Scientists who study living organisms and their interaction with the environment, covering various fields from marine biology to genetics.

Delay of Gratification

The ability or process of resisting the temptation of an immediate reward in preference for a later, often greater reward.

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