Question: 1 . Explain why and how internal firm differences are the root of competitive advantage. 2 . Differentiate among a firm s core competencies, resources,

1. Explain why and how internal firm differences are the root of competitive advantage.
2. Differentiate among a firms core competencies, resources, capabilities, and activities.
3. Compare and contrast tangible and intangible resources.
4. Evaluate the two critical assumptions about the nature of resources in the resource-based view.

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