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

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Definitions:

Globalization

The method of engaging and assimilating among individuals, corporations, and national governments globally, frequently propelled by global commerce and investment, with support from information technology.

Recession

A significant decline in economic activity spread across the economy that lasts more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Inflation

A general increase in prices and fall in the purchasing value of money, affecting economic conditions.

Values

Core beliefs or standards that guide and motivate attitudes and actions in individuals and organizations.