According to the Resource-Based View,a Necessary Condition for Competitive Advantage

question 1

Multiple Choice

According to the resource-based view,a necessary condition for competitive advantage is that:

• A)resources are heterogeneous and immobile between organisations
• B)all resources are unique
• C)all resources can be imitated
• D)all resources are interchangeable

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Definitions:

Technological Competency

The ability to understand new technologies and to use them to their best advantage.

Electronic Devices

Gadgets and devices that operate using electrical energy and electronic circuits.

New Gadgets

Recently developed electronic devices or tools designed to perform specific tasks, often incorporating the latest technology.

Customer Relationship Management

A system for managing a company’s interactions with current and future customers, often utilizing technology to organize, automate, and synchronize sales, marketing, customer service, and technical support.