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andreev551 [17]
3 years ago
13

In order to be the basis for a firm's superior performance, a bundle of resources must be valuable, rare, and imitable.

Business
1 answer:
frozen [14]3 years ago
7 0

Answer:

The statement is: False.

Explanation:

A bundle of resources has three characteristics: valuable (<em>the resource helps the company to pursue its objectives and is priceless for consumers</em>), rare (<em>limited competition</em>), and inimitable (<em>resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive</em>).

Being<em> imitable </em>is the opposite of what a bundle of resources should be.

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Answer:

New regulations can increase the cost of doing business because the business owner may have to modify the production of the goods and services.

Explanation:

The cost of doing this business will be seen to increase because as it is been done by everyone in the past years; its mode of operation has been directly sanctioned and as a result, new modalities are been adopted. This is seen in cases where the wastewater that are been produced can be channeled to different waste systems and also these high pressure water system management patterns will be seen to be adjusted too. Having said this, these new modalities can increase the cost of doing business because the business owner may have to modify the production of the goods and services.

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8 0
1 year ago
The ability to attract and manage _________may be the most important skill a strategic leader must have.
Mars2501 [29]

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A leader must be able to control a team (human capital), lead it, and push them to obtain the results needed.

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