Competitive advantages and imitation Flashcards
1
Q
Sustainable competitive advantages (4)
UDID
A
- useful/ relevant
- distinctive/ rare
- inimitable/ non-substitutional
- durable
2
Q
Difficult to imitate firms when:
A
- tacit
- socially complex
- causally ambiguous
3
Q
Core rigidity
A
firms focus too much on core competencies and don’t develop new ones
4
Q
A