Competitive advantages and imitation Flashcards

1
Q

Sustainable competitive advantages (4)

UDID

A
  • useful/ relevant
  • distinctive/ rare
  • inimitable/ non-substitutional
  • durable
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2
Q

Difficult to imitate firms when:

A
  • tacit
  • socially complex
  • causally ambiguous
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3
Q

Core rigidity

A

firms focus too much on core competencies and don’t develop new ones

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4
Q
A
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