​For a Resource to Be Able to Generate Sustained Competitive

question 48

Multiple Choice

​For a resource to be able to generate sustained competitive advantage over rivals,it must be

• A)​Valuable
• B)Rare
• C)Difficult to imitate or substitute away from
• D)​All of the above

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Definitions:

Social Learning Theory

A theory that suggests people learn from one another, via observation, imitation, and modeling.

Phallic Stage

A Freudian developmental phase where a child's focus of libido (sexual energy) is concentrated in the genital area, and they develop strong attachments to the parent of the opposite sex.

Electra Complex

A psychoanalytic theory introduced by Carl Jung, suggesting a girl's psychosexual competition with her mother for possession of her father.

Observation And Imitation

The process by which individuals learn new behaviors or skills by watching and mimicking others.