Question

________ implies that for a given business activity, some firms may be more skilled in accomplishing this activity than other firms.

A) Resource mobility
B) Resource homogeneity
C) Resource immobility
D) Resource heterogeneity

Answer 1

Resource heterogeneity is the term that implies that some firms are more skilled in accomplishing a particular business activity than others, which leads to competitive advantages and differences in productivity within the same industry.option d.

Step-by-step explanation:

The concept being described in the student's question is Resource heterogeneity. This implies that in the realm of business activities, some companies possess a greater level of skill or capability in conducting certain activities compared to others.

These skills can be a source of competitive advantage, which may stem from unique competencies, proprietary technologies, or more effective business processes. Unlike resource mobility, where resources can freely move, or resource homogeneity, where resources are similar and evenly distributed, resource heterogeneity suggests that resources are unevenly distributed and not easily replicated. This variation leads to differences in the productivity and efficiency of different firms within the same industry.