At one level, the requirement that all firms in an industry be involved in a tacit collusion
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At one level, the requirement that all firms in an industry be involved in a tacit collusion strategy in order for that strategy to be viable seems to contradict the rareness and imitability requirements for sustained competitive advantage, first discussed in Chapter 4. Is it possible to rationalize this apparent contradiction? If yes, how? If no, why not?
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The rareness part comes from the small numbers requirem...View the full answer
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Related Book For
Strategic Management And Competitive Advantage Concepts And Cases
ISBN: 9780134741147
6th Edition
Authors: Jay Barney, William Hesterly
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