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:

Corporate Profits Tax

A levy placed on the profit of a firm, with different rates used for varying levels of profit.

Individual Income Tax Rate

The percentage at which an individual's earned income is taxed by the government, which can vary depending on the level of income and other factors.

Corporate Sector

The segment of the economy that is comprised of companies or corporations and is distinguished from the public sector and private individuals.

Noncorporate Sector

The part of the economy composed of households and unincorporated businesses, contrasted with the corporate sector which consists of incorporated businesses.