Tests of the Resource-Based View Do NOT Include a Requirement

question 12

Multiple Choice

Tests of the resource-based view do NOT include a requirement that a capability is:

• A) valuable
• B) rare
• C) easy to imitate
• D) specific to the organisation

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Definitions:

Wage Differentials

The variation in wage rates due to factors such as occupation, industry, location, or the skills and experience of workers.

Labor-market Discrimination

The unfair treatment of workers based on characteristics such as race, gender, age, or religion, rather than job qualifications or performance.

Human Capital

The combined abilities, expertise, and non-material assets possessed by people that can generate economic benefits for themselves, their companies, or society.

Ethnic Minorities

Groups within a community which differ from the majority population in race, national or cultural origin, and often have distinct social and economic practices.