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The Text Points Out That from a Resource-Based View, You

question 37

Essay

The text points out that from a resource-based view, you and your firm need to develop overwhelming capabilities to offset the liability of foreignness. However, how does a small firm do that?


Definitions:

Ethical Conflict

A situation where an individual faces a clash between two or more ethical principles or values, making it challenging to decide on the morally right course of action.

Emotional Intelligence

The ability to recognize, understand, manage, and reason with one's own emotions and the emotions of others.

Manage Themselves

The ability of individuals or groups to regulate their own actions and affairs without external intervention.

Relationships

The way in which two or more concepts, objects, or people are connected, or the state of being connected or interrelated.

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