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An International Firm's Competitive Advantage Depends Not Only on Its

question 2

True/False

An international firm's competitive advantage depends not only on its resources and capabilities but also on the national environments in which it operates.


Definitions:

Psychological World

Refers to the realm of human thoughts, feelings, and behaviors that are studied in psychology.

Symbolism

The use of symbols to represent ideas or qualities in literature, art, or other forms of cultural expression.

Explicit Representations

Clear and detailed depictions or expressions of ideas, objects, or processes.

Intuitive Wisdom

Knowledge and understanding acquired through instinct and natural insight rather than logical reasoning.

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