The Resource-Based View of Competitive Advantage States That for a Firm

question 11

Multiple Choice

The resource-based view of competitive advantage states that for a firm to maintain sustainable competitive advantage it must control a set of exploitable resources that have four critical characteristics. What are these characteristics?

• A) inventory turns, high margins, long account payable periods, brand building relationships
• B) operational effectiveness, strategic positioning, scale, distribution channels
• C) rareness, value, imperfect imitability, non substitutability
• D) a web site, an app, cloud-based systems, a savvy technology staff

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Definitions:

Hazardous Air Pollutants

Airborne substances that can cause serious health risks, including carcinogens and toxins, which are regulated by environmental agencies.

Clean Air Act

A comprehensive federal law in the United States that regulates air emissions from stationary and mobile sources to protect public health and the environment from air pollution.

Hazardous Air Pollutants

Substances in the air that can cause harm to the environment or health of humans.

Clean Air Act

A comprehensive federal law in the United States that regulates air emissions from stationary and mobile sources to protect public health and the environment.