Question: This SQA consists of 3 questions from chapter 2. . a Answer TWO of the questions. Type your responses in the assignment box. DO NOT

This SQA consists of 3 questions from chapter 2.
This SQA consists of 3 questions from chapter 2. . a Answer TWO of the questions. Type your responses in the assignment box. DO NOT attach or upload a file or document (this will result in point deduction!). You may type the response in a word / editor, but make sure to copy, paste, and format the responses in the assignment box. Answer each question separately, clearly indicate which question you are answering Each answer 100-175 words. (Total for assignment 200-350 words). Make sure to read SQA submission guidelines before proceeding with this assignment. Question 1 What is the resource-based" view of competitive advantage and what are the characteristics of resources that may yield sustainable competitive advantage? Explain. Question 2 What is price discrimination? What is price transparency? What is information asymmetry? How does the Internet relate to these three concepts and what are the relationships among them? Question 3 Analyze the music industry in terms of Porter's five forces. Consider the music retailers as the center (established firms) and then define the other players (for example, who are the suppliers, the buyers, etc.). Then explain how the Internet can affect the power of those players

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