Transferability Is the Ability of Competitors to Use Duplicated Resources

question 37

True/False

Transferability is the ability of competitors to use duplicated resources and capabilities to imitate the other firm's success.

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Definitions:

Passive Fraud

A failure to reveal some material fact about the subject matter of a contract that one party is obligated to reveal to the other party and that intentionally deceives that second party, leading him or her into a damaging contract. Also called concealment and nondisclosure.

Obligation

A legal or moral responsibility or duty that compels someone to act or refrain from acting in a certain manner.

Certain Facts

Specific pieces of information that are true, verified, and indisputable.

Undue Influence

A situation where an individual is able to persuade another's decisions due to the relationship between the two parties, often leading to unjust or unnatural outcomes.