Given Enough Time, Any Firm's Competitive Advantage Can Be Imitated

question 15

True/False

Given enough time, any firm's competitive advantage can be imitated by its competitors.

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Definitions:

Coercion

The practice of persuading someone to do something by using force or threats.

Consumer Contracts Law

The body of law that governs agreements between individuals and businesses selling goods and services to consumers.

Civil Code

A systematic collection of laws designed to deal comprehensively with the core areas of private law such as property, family, and contracts.

Undue Influence

An imbalanced psychological or moral pressure exerted by one person on another, undermining the latter's free will and leading to decisions that benefit the influencer.