Advantages that arise from using resource endowments or assets that are tied to a particular location and that a firm finds valuable to combine with its own unique assets are known as:
A)location-specific advantages.
B)resource-specific advantages.
C)competitive advantages.
D)directional advantages.

Question

Quizplus · Accepted Answer

Location-specific advantages are advantages that come from utilizing resources or assets specific to a particular region or location. These assets can include access to natural resources, skilled labor, or infrastructure that is beneficial to the firm. When combined with a firm's unique assets and capabilities, location-specific advantages can help create a competitive advantage for the firm.

Advantages That Arise from Using Resource Endowments or Assets That