Ask Question
BusinessBusiness
14 July, 05:29

The resource-based view of competitive advantage states that for a firm to maintain sustainable competitive advantage it must control a set of exploitable resources that have four critical characteristics. what are these characteristics?

+4
Answers (1)
  1. 14 July, 05:34
    0
    Competitive advantages are conditions that allow a company or a country to produce a good or a service at equal value but at a lower price or in a more desirable fashion. If a firm is to maintain sustainable competitive advantage, it must control a set of exploitable resources that have four critical characteristics. These resources must be; valuable, rare, imperfectly imitable (tough to imitate) and also they should be non substitutable.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The resource-based view of competitive advantage states that for a firm to maintain sustainable competitive advantage it must control a set ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Increases and decreases in various types of accounts are listed below. In each case, indicate by "Dr." or "Cr.
Answers (1)
Zabarkes Corporation is considering a capital budgeting project that would require an initial investment of $640,000 and working capital of $79,000. The working capital would be released for use elsewhere at the end of the project in 3 years.
Answers (1)
The financial records for Harold Corporation included the following information: Accounts receivable, $55,000 Accounts payable, $20,000 Cash, $25,000 Common stock, $25,000 Dividends, $15,000 Sales revenue, $90,000 Salaries and wages expense, $30,000
Answers (1)
Explain how increased immigration affected the market for low-skilled labor. Discuss which curves shifted, and what happened to price and quantity.
Answers (1)
The stages in the life of a transaction exposure can be broken into three distinct time periods. The first time period is the time between quoting a price and reaching an actual sale agreement or contract.
Answers (2)
New Questions in Business
Montana Company was authorized to issue 200,000 shares of common stock. The company had issued 50,000 shares of stock when it purchased 10,000 shares of treasury stock.
Answers (1)
The following items caused the only differences between pretax financial income and taxable income. 1.
Answers (1)
Which of the following characteristics would lead the auditor to assess control risk at a higher level? a. It is difficult for the auditor to determine or gain access to the organization or individuals who own and/or control the entity. b.
Answers (1)
The reason for the Fed being set up as an independent agency of government is to:
Answers (1)
Headings in reports that describe the content of the section and may even give a conclusion about the section are called:
Answers (1)
Home » Business » The resource-based view of competitive advantage states that for a firm to maintain sustainable competitive advantage it must control a set of exploitable resources that have four critical characteristics. what are these characteristics?
Sign Up Forgot Password?