Under the __________ View of the Firm,resources Can Be a Source

question 28

Multiple Choice

Under the __________ view of the firm,resources can be a source of competitive advantage if they are __________.

• A) resource-based; rare
• B) systems-based; hard to copy
• C) resource-based; available to competitors
• D) systems-based; available to competitors

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Definitions:

Discouraged Workers

Individuals not actively searching for employment due to believing no jobs are available for them.

Labor Force

The total number of people employed or actively seeking employment in a particular country or region.

Unemployed

Refers to individuals who are capable of working, actively seeking work, but unable to find a job.

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.