Only Capabilities That Are Valuable, Common, Costly to Imitate, and Substitutable

question 21

True/False

Only capabilities that are valuable, common, costly to imitate, and substitutable can be strategic capabilities.

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Definitions:

Personality Development

The process of forming, molding, and enhancing one's personality characteristics and traits over the course of one's life.

Projective Tests

Psychological assessment tools that use ambiguous stimuli to elicit responses that can reveal aspects of an individual's personality, unconscious thoughts, or feelings.

Ambiguous Stimuli

Information or sensory inputs that can be interpreted in more than one way and do not have a clear or definitive interpretation.

Inferiority Complex

A psychological condition in which an individual feels a deep sense of inadequacy, stemming from real or imagined deficiencies, often leading to overcompensation or withdrawal.