The Resource Similarity of Two Firms

question 40

Multiple Choice

The resource similarity of two firms:

• A)Indicates how likely they are to have similar competitive actions.
• B)​Means that the firms will eventually end of colluding.
• C) ​Is unimportant if the firms have little market commonality.
• D) ​All of the above.

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Definitions:

Extrinsic Values

Values that are motivated by external rewards such as money, praise, or awards, rather than intrinsic satisfaction.

Generation X

The demographic cohort following the baby boomers, typically identified as those born from the early-to-mid 1960s to the early 1980s.

Extrinsic Reward

A reward from an external source, often tangible, such as money, grades, or tokens, provided to motivate behavior.

Competencies

The combination of skills, knowledge, and behaviors that are needed to perform a role or task effectively.