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SEVI 3013 Chapter 3 Questions with 100% Correct Answers | Verified | Latest Update 2024
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SEVI 3013 Chapter 3 Questions with 100% Correct Answers | Verified | Latest Update 2024
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SEVI 3013 Chapter 3 Questions with 100%Correct Answers | Verified | Latest Update
2024
Tangible Resources - ✔✔organizational assets that are relatively easy to
identify, including physical assets, financial resources, organizational resources,
and technological resources.
Intangible Resources - ✔✔organizational assets that are difficult to identify
and account for and are typically embedded in unique routines and practices,
including human resources, innovation resources, and reputation resources.
Organization capabilities - ✔✔Competencies of skills that a firm employs
to transform inputs to
, Resource Characteristics for Competitive Advantage - ✔✔Valuable, Rare, Difficult
to Imitate, Non-substiutable.
Sources of Inimitability: - ✔✔Physical uniqueness
Path dependency
Causal ambiguity:
Social complexity
Physical uniqueness - ✔✔resources that are physically unique,
therefore impossible to duplicate
Path dependency - ✔✔Hard to duplicate because of all that has happened
along the path to development of the competency
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