The More Firm-Specific and Difficult to Imitate Is a Resource

question 15

Multiple Choice

The more firm-specific and difficult to imitate is a resource, the more likely a company is to have a/an ____________________.

• A) tangible resource.
• B) intangible resource.
• C) distinctive competency.
• D) effective marketing strategy.
• E) strong barrier to imitation.

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Definitions:

Habit Method

A strategy used to form new habits or modify existing ones by creating consistent patterns of behavior in response to specific cues.

Cell Phone

A cell phone is a portable device that combines telecommunications, internet access, and sometimes computing capability.

Therapist

A professional trained to diagnose and treat mental health issues, psychological disorders, and emotional difficulties through various forms of therapy.

Cognitive Psychology

The branch of psychology that studies mental processes including perception, thinking, memory, and problem-solving.