To Stop Rivals Acquiring a Core Resource or Capability

question 63

Multiple Choice

To stop rivals acquiring a core resource or capability,

• A)firms cannot stop its rivals from doing things they want to.
• B)firms need to make that resource or capability immobile.
• C)firms must use patents and the full array of legal protections.
• D)everyone involved in this activity must be paid higher than the rivals could pay.

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Definitions:

Hit

In cognitive psychology, correctly identifying a stimulus from a set of alternatives in memory tasks; in sports, making successful contact with the target.

Just Noticeable Difference

The minimal change in stimulus intensity required to detect a difference between two stimuli, according to psychophysical research.

Visual Acuity

The sharpness or clarity of vision, often measured by the ability to discern letters or numbers at a given distance according to a standardized chart.

Absolute Threshold

The minimum level of stimulus intensity needed for a stimulus to be perceived or detected at least half the time by an observer.