Author Question: For a resource to be able to generate sustained competitive advantage over rivals, it must be a. ... (Read 29 times)

Anajune7 · **on:** Jul 1, 2018

For a resource to be able to generate sustained competitive advantage over rivals, it must be
a. Valuable
b. Rare
c. Difficult to imitate or substitute away from
d. All of the above

Question 2

Scatterbrain Samantha often forgets to lock her house. This has caused the probability of a burglary to be 30. If her house gets broken into, she faces a property loss of 10,000, otherwise she gets to keep her 100,000 . If Samantha is offered an insurance policy for her house to protect her from loss at 3,000, what is her expected wealth?
a. 80,000
b. 87,000
c. 97,000
d. 99,000