What Type of Isolating Mechanisms Impedes Existing Firms and Potential

question 3

Multiple Choice

What type of isolating mechanisms impedes existing firms and potential entrants from duplicating the resources and capabilities that form the basis of the firm's advantage?

• A)Scarce
• B)Imperfectly mobile
• C)Early-mover advantages
• D)Impediments to imitation
• E)Cospecialized

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Definitions:

Construct Validity

The degree to which a measurement device accurately measures the theoretical construct it is designed to measure.

Reliability

The consistency and stability of measurements or assessments over time.

Validity

The degree to which a tool, test, or measure accurately represents or measures what it claims to.

Variability

The extent to which data points in a set differ from each other and from the average, indicating the spread or dispersion.