Question: A deep economic moat is one that is difficult to mimic or duplicate ( e . g . , brand identity, patents ) and thus

A deep economic moat is one that is difficult to mimic or duplicate (e.g., brand identity, patents) and thus creatiss an effective barrier against competition from other firms.
A moat is one way to create a sustainable competitive advantage. Building strong ecosystems with competitors and allies is another.
True
False
A deep economic moat is one that is difficult to mimic

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

An economic moat is a distinct advantage a company has over its competitors which allows it to protect its market share and profitability. It is often an advantage that is difficult to mimic or...

Q:

Adding to our continuing discussion of Southwest Airlines, discuss your position on if management's apparent current strategy change reflecting growth and expansion by acquisition and expanding away...

Q:

I am struggling to do the proper computations for some simple accounting. After i get this down, i will produce a paper on the importance of each number i solved for. Can someone please help me...

Q:

MGT411 Innovative and Creative Business Thinking University of Phoenix Material Organizational Ecosystem Case Study Wal-Mart Stores, Inc. is a leading company in its industry and a widely recognized...

Q:

Please write 1.Introduction 2.Main goal of the passage and what author indicates 3. Positive sides of the passage 4. Negative sides of the passage Bulletin of the Transilvania University of Brasov...

Q:

RETHINKING B-SC'OOL APPAREL AT HILL Professors Dwight Heinrichs and Michael Taylor wrote this case solely to provide material for dass discussion. The authors do not intend to illustrate either...

Q:

Strategic Management Frank Rothaermel,6eRelease: 6th Edition Please include a word count of your post (excluding citations and references), no matter whether it is an initial post or a reply, at the...

Q:

Management 4390 Exercise: Applying the Content of Chapter 3 to your Company 1. Which of the five competitive forces is creating the strongest competitive pressures for your digital camera company? 2....

Q:

Sundar G. Bharadwaj, P. Rajan Varadarajan, & John Fahy Sustainable Competitive Advantage in Service Industries: A Conceptual Model and Research Propositions The purpose of competitive strategy is to...

Q:

Please answer the question below. You need to read the imaginary case Tesla-motorcycles in order to answer the questions. -What are the primary components of Tesla Motorcycles value chain? The answer...

Q:

A spring with a 5-kg mass and a damping constant 13 is held in spring-mass equilibrium 0.5 meters below the spring equilibrium by a force of 1.5 Newtons. Suppose the spring is pulled down and...

Q:

How would each of the following changes tend to affect aggregate payout ratios (that is, the average for all corporations), other things held constant? Explain your answers. a. An increase in the...

Q:

The two beams shown is connected by a pin hinge at C and are supported by a fixed support at A and a pin at D Draw its simplified freebody diagram and below it the shear and bending moment diagrams...

Q:

PLEASE DO ALL 5 PARTS Red Canyon T - shirt Company operates a chain of T - shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along...