Licensing Is Not a Good Option If the Competitive Advantage

question 120

True/False

Licensing is not a good option if the competitive advantage of a firm is based upon managerial or marketing knowledge that is embedded in the routines of the firm or the skills of its managers, and that is difficult to codify in a "book of blueprints."

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Definitions:

Sirenians

Aquatic, herbivorous mammals that include species such as manatees and dugongs, known for their slow-moving nature and paddle-like flippers.

Homologous Trait

Features in different species that are similar because of common ancestry, indicating evolutionary relationships.

Cetaceans

A group of marine mammals that includes whales, dolphins, and porpoises, known for their intelligence and aquatic adaptations.

Molecular Clock

The molecular clock is a method used to estimate the time of evolutionary divergence between species by comparing genetic differences and assuming a constant rate of molecular change.