For a Resource or Capability to Be a Source of Competitive

question 9

True/False

For a resource or capability to be a source of competitive advantage,two conditions must be present: scarcity and relevance

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Definitions:

Industrial Psychologist

A professional who applies psychological principles and research methods to the workplace in order to improve productivity, work-life balance, and the overall well-being of employees.

Human Factors Psychologist

A psychologist who studies how people interact with machines and other technology, aiming to improve product design, user interfaces, and operational environments to enhance usability and performance.

Work Relationships

Interactions and bonds formed between colleagues within a professional setting, which can affect workplace dynamics and productivity.

Surveys

A research method used for collecting data from a predefined group of respondents to gain information and insights on various topics of interest.