A Firm Should Most Likely Make a Product Internally When

question 68

Multiple Choice

A firm should most likely make a product internally when there is a ________ potential for competitive advantage and a ________ degree of strategic vulnerability.

• A) high; high
• B) low; high
• C) high; low
• D) low; low

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Definitions:

Physiological Changes

Alterations in the normal function or structure of a living organism, often in response to environmental stimuli or internal conditions.

William James

An American philosopher and psychologist regarded as a founder of psychology in the United States, known for his work on pragmatism and the psychology of consciousness.

Physical Component

Aspects of something that are tangible or involve physical attributes or manifestations.

Attitudinal

Pertaining to attitudes, which are psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.