If a Firm's Resources and Capabilities Are Costly to Imitate

question 65

Multiple Choice

If a firm's resources and capabilities are costly to imitate because imitating firms may not understand the relationship between the resources and capabilities controlled by a firm and that firm's competitive advantage,this competitive advantage is said to be protected from imitation by

• A) path dependence.
• B) casual ambiguity.
• C) unique historical conditions.
• D) social complexity.

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Definitions:

Third Variable Problem

A confounding issue in research where an unaccounted-for variable affects the outcome of the study, potentially misleading the relationship between the variables studied.

Naturalistic Observation

An investigative technique that involves watching participants in their unaltered surroundings without any intervention from the person observing.

Human Behaviour

Refers to the range of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and/or genetics.

Random Sampling

A method of selecting a sample from a population where each member has an equal chance of being chosen, ensuring the sample's representativeness.