Which Combination of Resource Similarity and Market Commonality Results in the Most

question 43

Multiple Choice

Which combination of resource similarity and market commonality results in the most intense competition? 

• A) High resource similarity, low market commonality 
• B) Low resource similarity, high market commonality 
• C) Low resource similarity, low market commonality 
• D) High resource similarity, high market commonality

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Definitions:

Dual-Process Theory

A cognitive theory suggesting that thought can arise in two different ways, or as a result of two different processes, often described as intuitive and analytical thinking.

Bounded Rationality

The concept that decision-making is limited by the information available, the cognitive limitations of the individual, and the finite amount of time available to make a decision.

Baseball Diamond

A four-cornered infield where baseball is played, consisting of home plate, first base, second base, and third base in a diamond shape.

Attributions

Attributions are the explanations or reasons we construct for why things happen, including the behaviors and actions of ourselves and others.