The More Firm-Specific and Difficult to Imitate a Resource Is

question 58

True/False

The more firm-specific and difficult to imitate a resource is, the more likely a company holding that resource is said to have a distinctive competency.

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Definitions:

Low Tide

The lowest height to which water in the ocean drops relative to the land in response to the gravitational pull of the Moon; also refers to the time when such low levels occur.

Spring Tide

A condition of especially high and low tides caused when the sun, moon, and Earth are aligned, increasing the gravitational pull on the oceans.

Neap Tide

A condition of the sea where the difference between high and low tide is at its least, occurring twice a month.

High Tide

The state of the tide when it is at its highest level, usually occurring twice in a 24-hour period.