The General Lesson from the Ch

question 34

Multiple Choice

The general lesson from the Ch.4 Opening Case on Circuit City is the importance of ______________ to a firm when it is attempting to gain and sustain competitive advantages.

• A) tangible resources
• B) core competencies
• C) the economy
• D) socio-cultural factors

---

Definitions:

Self-Worth

A personal assessment of one's value or worth as perceived by the individual.

Relative Superiority

The concept of being better or having more advantage in comparison to others based on specific criteria or standards.

Individual Mobility

The ability of an individual to move within or between social strata or occupational positions in a society.

Stereotype Threat

The risk of confirming, as self-characteristic, a negative stereotype about one's group, which can reduce the performance in affected individuals.