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3 years ago

Select the correct answer.

1 answer:

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The value of the second-best alternative that a person gives up when making a choice represents the opportunity cost. The answer is C.

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The resource-based model argues that: a. all resources have the potential to be the basis of sustainable competitive advantage.

zmey [24]

Answer:

d. resources that are valuable, rare, costly to imitate, and non-substitutable form the basis of a firm's core competencies.

Explanation:

The resource-based model argues that only resources that are valuable, rare, costly to imitate, and non-substitutable; form the basis of a firm's core competencies.

According to the proponents of resource-based model, Intangible assets that have no physical presence like Brand reputation, trademarks and intellectual property are all intangible assets unlike physical resources, cannot buy from the market by other competitors. They are developed within a company and constitute the source of sustainable competitive advantage.

In particular, the resources that generate competitive advantage are those that possess the VRIO characteristics,which implies that they are

Valuable, hence there will be no competitive disadvantage

Rare, hence there will be no competitive parity

Imitate, - are costly and difficult to imitate hence they cannot be copied

Organised to Capture Value - which means they are non-substitutable.

4 0

3 years ago

How is the value of a product determined?

Gelneren [198K]

Answer:

its either a or b

Explanation:

4 0

3 years ago

Read 2 more answers

Which sentence from the scarlet lbis is foreshadowing

ehidna [41]

Hello.

A sentece that was forshowdowing was

<span>The last graveyard flowers were blooming, and their smell drifted [through] our house, speaking softly the names of our dead."
</span>
Have a nice day

5 0

3 years ago

An economy enters an expansion and GDP increases from $34,000 to $40,000. What is the percent change in real GDP? Round your ans

Blababa [14]

The percent change in real GDP is 17.65%

<h3>What is the GDP of an economy?</h3>

The gross domestic product (GDP) is the sum of all value contributed to a given economy. The value-added is the difference between the value of the products and services produced and the value of the goods and services required to produce them.

The percent change in real GDP can be calculated by using the formula:

$\mathbf{=\dfrac{New \ GDP - Old \ GDP}{Old \ GDP } \times 100}$

$\mathbf{=\dfrac{40000 -34000}{34000 } \times 100}$

= 17.65%

Learn more about gross domestic product (GDP) here:

brainly.com/question/1383956

6 0

2 years ago

Which one of the following is NOT an advantage of buyer's agency? The efforts that a buyer's agent exerts on behalf of the buyer

sasho [114]

"The use of a buyer's agent guarantees that the buyer will get a property for the lowest price possible" is NOT an advantage of buyer's agency.

It is true that the efforts that a buyer's agent exerts on behalf of the buyer cannot be compromised and that the buyers can freely communicate confidential information without fear that disclosing that information will weaken their negotiating position. The buyers will also have the benefit of a licensee's expertise in finding the right property, negotiating the purchase and attending to closing details.

However, using a buyer's agent won't guarantee that the buyer can get the best deal on a property; as a result, this is not one of the advantages of buyer's agency. The agent would only consider what is best for the buyer and not the cheapest.

Agents will also charge extra fees and commissions for representing their buyers. To avoid additional expenses, some buyers and sellers choose not to use an agent. In order to save more money and find a property for the lowest price, buyers should avoid using an agent and instead deal directly with the seller.

Learn what happens when there's no buyer agency agreement in place here: brainly.com/question/28066390

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1 year ago