The Barrier to Entry That Allowed Alcoa to Make Persistent

question 242

True/False

The barrier to entry that allowed Alcoa to make persistent economic profits was ownership of an essential input.

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Definitions:

Practical Implementation

The process of putting plans, strategies, or ideas into action in a real-world, operational environment.

Social Return

The non-financial impact of organizations, particularly in social, environmental, and ethical contexts, often looked at in social enterprises.

Environmental Impact

The effect that human activities have on the environment, including natural resources, wildlife, and climate change.

Blended Value

A concept that proposes all organizations, whether for-profit or nonprofit, generate value that consists of economic, social, and environmental components.