A Firm Should Most Likely Make a Product Internally When

question 68

Multiple Choice

A firm should most likely make a product internally when there is a ________ potential for competitive advantage and a ________ degree of strategic vulnerability.

• A) high; high
• B) low; high
• C) high; low
• D) low; low

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Definitions:

Personality Traits

Enduring characteristics that describe an individual's consistent behaviors, thoughts, and emotional patterns.

Instincts

Innate, fixed patterns of behavior in animals and humans in response to stimuli, which are not learned and are often survival-oriented.

Observational Learning

The process of learning behaviors by watching and imitating others, also known as social learning or modeling.

Congruence

In psychology, the alignment or agreement between an individual's self-concept and their actual experiences.