Which of the Following Statements Is Least True Regarding the Conditions

question 29

Multiple Choice

Which of the following statements is least true regarding the conditions John Barney identifies under which culture can be a source of sustained competitive advantage?

• A)Culture should be imitable
• B)Culture must be valuable for the firm
• C)If culture is common to most firms in the market,so that it reflects the influence of the national or regional culture,then it is unlikely to lead to a relative competitive advantage
• D)If factors of a firm's culture are easy to copy,other firms will begin to do so,which will nullify any advantage for the firm where the culture first developed
• E)Something about the firm's culture and values must be linked to the value the firm creates for customers

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Definitions:

Leveraged Buyout

The acquisition of another company using a significant amount of borrowed money to meet the cost of acquisition.

Tax Shields

Financial techniques that reduce taxable income through deductions such as mortgage interest, depreciation, or charitable donations, effectively lowering tax liabilities.

Project Financing

A financial structure where project debt and equity used to finance the project are paid back from the cash flow generated by the project itself.

Stable Projects

Refers to projects or investments with predictable cash flows and lower levels of uncertainty or volatility.