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One of the Important Conditions That a Firm Must Meet

Question 67

Multiple Choice

One of the important conditions that a firm must meet in order to gain a sustainable competitive advantage with its capital is:


A) the firm's overhead costs must be high.
B) the firm's resources must be imperfectly imitable.
C) the firm's production technology should be obsolete.
D) the firm's product prices must be high.
E) the firm's organization must be highly centralized.

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