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The Data a Firm Can Leverage Is a True Strategic

question 96

True/False

The data a firm can leverage is a true strategic asset when it is valuable, rare, imperfectly imitable, and non-substitutable.


Definitions:

Vygotsky

A Russian psychologist known for his work on cognitive development, particularly his theory on the social development of children and the importance of cultural and interpersonal interactions.

Private Speech

Self-directed speech that allows individuals to guide their own actions and thoughts, often observed in children.

Egocentric

A cognitive perspective where an individual has difficulty understanding or assuming any perspective other than their own.

Social Experience

The exposure and interaction an individual has within a social context, shaping their perceptions, behaviors, and understanding of social norms.

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