When Resources and Capabilities Serve as a Source of Competitive

question 34

Multiple Choice

When resources and capabilities serve as a source of competitive advantage for a firm, the firm has created a(n) :

• A) strategic mission.
• B) inspiring vision.
• C) core competence.
• D) sustainable market niche.

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Definitions:

Transference

A phenomenon in psychoanalysis where patients unconsciously redirect feelings for a significant person in their past to the therapist.

Psychoanalyst

A therapist who practices psychoanalysis, a method of psychotherapy originating from the theories of Sigmund Freud, focusing on unconscious processes.

Insight

The ability to understand the inner nature of things or to intuitively grasp complex situations.

Transference

A psychological phenomenon where feelings, desires, and expectations of one person are redirected and applied to another person, often occurring in patient-therapist relationships.