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