Resources Are a Source of Competitive Advantage Except When They

question 115

Multiple Choice

Resources are a source of competitive advantage except when they are

• A) valuable.
• B) rare.
• C) organized.
• D) easy to imitate.
• E) instrumental.

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Definitions:

Sincere Concern

Genuine care and consideration shown towards the feelings, circumstances, or well-being of others.

Prior Consultation

The process of seeking advice, opinions, or consent from relevant stakeholders before making decisions, especially in contexts affecting their interests.

Arbitration

A method of dispute resolution involving a neutral third party who makes a binding decision.

Conciliation

A process where a third party assists in resolving disputes between two parties by encouraging them to reach a mutual agreement.