Assume a firm's resources and capabilities are costly to imitate. This is because rival companies do not clearly understand the relationship between the resources and capabilities controlled by the firm. In this case, the firm's competitive advantage is protected against imitation by

A. social complexity.
B. path dependence.
C. causal ambiguity.
D. dependence complexity.


Answer: C

Business

You might also like to view...

Ernie wanted Harry's pickup truck for a weekend as he was planning to go on a solo trip to California. He offered Harry a rent of $50 for two days. He also considered different strategy revisions if Harry disagreed to this original plan. These strategy revisions included an offer to clean Harry's garage for 2 weeks and an offer to assist Harry in his garage for a week. Identify the method used by Ernie in this scenario.

A. Ambush negotiating B. Adaptive planning C. Red herring D. Negotiation jujitsu E. Value proposition

Business

Batch processing of non-critical accounts improves operational efficiency

Indicate whether the statement is true or false

Business

What are the mental steps that lead to a purchase decision from a prospect? As a salesperson, which one do you think would be the most difficult and which one would be the easiest? Why?

What will be an ideal response?

Business

Ben Fasby has taxable income of $7,000, and the following tax rate schedule is applicable:

Taxable Income Tax Rate $0 to $3,400 0 % $3,400 to $5,500 12 % $5,500 to $7,600 14 % Ben's average tax rate is A) 6.6%. B) 8.3%. C) 12.0%. D) 14.0%.

Business