The Main Implication of the Resource-Based View of Firm Is

question 42

Multiple Choice

The main implication of the resource-based view of firm is:

• A)The boundaries of the firm are determined by the firm's resources rather than by transaction costs
• B)The resources of the firm are the foundation for its capabilities
• C)Resources and capabilities are the principal basis for firm strategy and the primary source of profitability
• D)Ricardian rents are a more important source of firm profitability than monopoly rents

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Definitions:

Data

factual information or measurements collected for analysis, reference, or reasoning, used in making decisions or determining conclusions.

THC

Tetrahydrocannabinol, the psychoactive compound found in cannabis plants that is responsible for most of marijuana's psychological effects.

Hashish

A drug made from the resin of the cannabis plant, known for its psychoactive effects.

Mescaline

A hallucinogenic compound derived from certain cacti, used traditionally in Native American spiritual practices and modern psychopharmacology.