Resources That Have the Potential to Give an Organization a Competitive

question 23

Multiple Choice

Resources that have the potential to give an organization a competitive advantage are

• A) expensive, readily transferrable, covered by patents, and developed over time
• B) single purpose, embedded in organizational routines, easy to copy, short lived
• C) valuable, rare, difficult to copy, and organized effectively
• D) codified, sustainable, technical, and sufficient

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Definitions:

Memory Consolidation

The process in which short-term memories are converted into long-term memories, making them stable and enduring over time.

Proactive Interference

The tendency for previously learned information to hinder the recall of newly learned information.

Long-term Memory

A phase of memory responsible for the storage of information for an extended period, ranging from a few minutes to a lifetime.

Material Interference

In psychology, the effect that the presence of one set of learning material has on the ability to recall or learn another set.