A Firm's Ability to Learn Is Known as Its

question 80

Multiple Choice

A firm's ability to learn is known as its

• A) competitive position.
• B) competitive advantage.
• C) distinctive competence.
• D) absorptive capacity.

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Definitions:

P(A ∪ B)

The probability that at least one of two events A or B occurs.

Independent Events

Two or more events whose outcomes do not affect each other.

P(A ∪ B)

Represents the probability of the occurrence of at least one of two events A or B.

Mutually Exclusive

Two events that cannot occur at the same time, meaning the occurrence of one event precludes the other.