A Financial Management Firm Has Existed for More Than 70

question 23

Multiple Choice

A financial management firm has existed for more than 70 years.Some of its original clients' grandchildren are now clients of the firm themselves.The partners and staff of the firm have spent most or all of their careers with the firm.Many have even married into each other's families.This firm has capabilities that would be costly to imitate primarily because of its:

• A) access to large amounts of financial capital.
• B) causally ambiguous core competencies.
• C) social complexity.
• D) unique historical conditions.

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Definitions:

Followership Typologies

classifies the different ways individuals follow or support leaders, highlighting various modes of followership behaviour.

Submissive-compliant

A behavioral tendency to obey or yield to others without resistance, often seen in hierarchical or authoritative contexts.

Independent-assertive

Describes a personality style characterized by self-reliance and assertiveness in expressing one's opinions and needs.

Active-engaged

Being involved, committed, and energetically participating in a task or activity.