Competitors Have Found It Extremely Difficult to Imitate Gene Electronics

question 72

Multiple Choice

Competitors have found it extremely difficult to imitate Gene Electronics Inc.'s valuable resources, capabilities, or competencies. This is primarily because the source for the company's success has been unclear. The competitors are uncertain if Gene Electronics Inc.'s success is due to its strong leadership, the skills of its research and development team, or the timing of the company' s product introductions. Gene Electronics Inc. has been protected from losing its competitive advantage as a result of

• A) time compression diseconomies.
• B) resource homogeneity.
• C) causal ambiguity.
• D) path dependence.

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Definitions:

Illusion of Group Effectivity

The belief that a group is more effective or productive than it actually is, often due to overestimation of group capabilities.

Cohesive Groups

Groups characterized by strong bonds among members, leading to increased loyalty, uniformity, and efficiency in achieving common goals.

Transactive Memory

Group members have a shared memory for who within the group remembers what and is the expert on what.

Collective Unconscious

A concept in psychoanalytic theory referring to the part of the unconscious mind that is derived from ancestral memory and experience, common to all humankind.