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What is the resource-based view of competitive advantage

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1. What is the "resource-based" view of competitive advantage and what are the characteristics of resources that may yield sustainable competitive advantage? Explain.

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 1 (Based on Ch. 18)

Describe the process involving the transmission of a Web page from a Web server to a user's computer.

Question 2: (Based on Ch. 18)

Briefly describe how the DNS helps users communicate with each other.

Question 1

What is Moore's Law? How has it impacted the electronics industry? What economic trends has it inspired?

Question 2

Why is keeping systems cool such a challenge now, when chips grow smaller? What are the implications for a firm like Yahoo! or Google? For a firm like Apple or Dell?

Reference no: EM133464779

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