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What Two Factors Inhibit the Ability of Rivals to Imitate

question 123

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What two factors inhibit the ability of rivals to imitate a firm's most valuable resources and capabilities?


Definitions:

Enhance

To improve the quality, value, or extent of something.

Business Position

An assessment of a company's status in the market, considering its financial condition, competitive standing, and growth potential.

Financial Merger

The combination of two or more companies, primarily through the acquisition of stock, to form a single financial entity.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

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