The term ________ is defined as a theoretical approach and practical methodology that examines the functioning of a business in terms of whether a product or service simultaneously meets the criteria of being rare, durable, nonsubstitutable, and valuable.
A)"competitive map"
B)"deficit analysis"
C)"benchmarking"
D)"resource-based analysis"

Question

Quizplus · Accepted Answer

The definition provided corresponds to the resource-based analysis, which examines a company's resources and capabilities to determine its competitive advantage. The other options are not related to this specific definition.

The Term ________ Is Defined as a Theoretical Approach and Practical