The Speed with Which Other Firms Can Understand the Relationship

question 93

Multiple Choice

The speed with which other firms can understand the relationship of resources and capabilities supporting a successful firm's strategy is called

• A) imitability.
• B) reverse engineering.
• C) transferability.
• D) transparency.
• E) durability.

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Definitions:

Organized Skills

The ability to systematically arrange tasks, responsibilities, and objectives to maximize efficiency and effectiveness.

Motivation

The drive or force that encourages individuals to act towards achieving a goal.

Team Performance

Refers to the level of efficiency, effectiveness, and productivity with which a group of individuals achieves shared goals.

Cross-functional Team

A cross-functional team is composed of members from different departments or specialties working together towards a common objective.