When Firms Without a Resource or Capability Face a Cost

question 36

True/False

When firms without a resource or capability face a cost disadvantage in obtaining or developing it compared to firms that already possess it, this resource or capability is described as perfectly imitable.

---

Definitions:

Color-Blindness

An ideology that proposes ignoring racial differences in an attempt to treat all individuals equally, which can inadvertently ignore systemic inequality.

Cosmopolitanism

The ideology or disposition advocating for global citizenship, where individuals belong to a single moral community beyond national or local identities.

White Guilt

A feeling of guilt or responsibility that some white people may experience for the historical and ongoing racial injustices committed by others of their race.

Racial Awareness

The understanding and recognition of the differences in race and ethnicity, as well as the dynamics of racism and its impact on individuals and society.