The External Perspective Indicates That Differences in Competitive Advantage Are

question 41

True/False

The external perspective indicates that differences in competitive advantage are more often a function of industry attractiveness than a function of the firm's position in the industry.

---

Definitions:

Just-World Phenomenon

The belief that people get what they deserve, leading to a sense that the world is fair and just.

Social Scripts

Culturally provided mental instructions for how to act in various social situations.

Frustration-Aggression Principle

A psychological theory suggesting that frustration often leads to aggressive behavior as the individual seeks to eliminate the source of their frustration.

Scapegoat Theory

A social psychology concept that explains the tendency to blame someone else for one's own problems, often leading to feelings of prejudice against the person or group that one is blaming.