Which of the Following Is NOT a Condition That Can

question 16

Multiple Choice

Which of the following is NOT a condition that can help a firm sustain its competitive advantage?

• A) When managers have consistently better expectations about the future value of resources
• B) When the resource advantage can only be imitated after a long period of time
• C) When past decisions act as constraints for the current dynamic capabilities
• D) When the source of the competitive advantage is causally ambiguous

Distinguish between different economic systems and their characteristics.

Define and apply the concepts of comparative and absolute advantage in trade.

Understand the formation and termination processes of partnerships.

Comprehend the roles and legal responsibilities of partners within a partnership.

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Definitions:

Sovereign Immunity

A legal doctrine that exempts governments and their agents from being sued without their consent.

Act Of State Doctrine

A principle in international law that shields a nation from being sued in the courts of another nation for its sovereign acts.

Coercive Action

Using force or threats to compel someone to act in a certain way, often violating their freedom or rights.

Wholly Owned Subsidiary

A company whose entire stock is held by another company, making it completely controlled by the parent company.