NAIMMCQ Economics Where rivals or potential new entrants cannot understand how resources or capabilities enable a firm to gain an advantage, that advantage may be sustained over time. This attribute of resources or capabilities is known in economics as:

Where rivals or potential new entrants cannot understand how resources or capabilities enable a firm to gain an advantage, that advantage may be sustained over time. This attribute of resources or capabilities is known in economics as:

Economics

Where rivals or potential new entrants cannot understand how resources or capabilities enable a firm to gain an advantage, that advantage may be sustained over time. This attribute of resources or capabilities is known in economics as:

a) Path dependence
b) First-mover advantages
c) Causal ambiguity
d) Moral hazard.

Answer: C

NAIMMCQ

Where rivals or potential new entrants cannot understand how resources or capabilities enable a firm to gain an advantage, that advantage may be sustained over time. This attribute of resources or capabilities is known in economics as:

Where rivals or potential new entrants cannot understand how resources or capabilities enable a firm to gain an advantage, that advantage may be sustained over time. This attribute of resources or capabilities is known in economics as:

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