The Internal Perspective Assumes That Firms Can Create a Competitive

question 98

True/False

The internal perspective assumes that firms can create a competitive advantage by having resources that are rare or costly to imitate.

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Definitions:

Self-transcendence

A psychological state or process in which individuals extend beyond their personal concerns and connect with something greater and beyond their individual selves.

Self-actualization

The manifestation or attainment of personal abilities and potential, considered to be a critical desire or essential in all individuals.

Belongingness Needs

A psychological need referring to the human emotional requirement for interpersonal relationships, feeling part of a group or community.

Grade-point Average

A numerical calculation representing the average value of the accumulated final grades earned in courses over time, scaled typically on a 0 to 4.0 scale.