The key to having a competitive advantage is the ability to imitate a competitor's strategy
Indicate whether the statement is true or false
a. True
b. False
ANSWER: False
The key to having a competitive advantage is the ability to sustain that advantage. A sustainable competitive advantage is one that cannot be copied by the competition.
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Answer the following statements true (T) or false (F)
1. In LMX theory, leadership making suggests that leaders help everyone to be in the in-group. 2. During the first phase of leadership making, the interactions within the leader-subordinate dyad are generally low quality. 3. During the early phases of leadership making, a key predictor of relationship quality for both leaders and followers is follower performance. 4. In LMX, it is usually the leader who makes an offer to the subordinate for improved career-oriented exchanges. 5. Studies have shown that high LMX has an impact on employee creativity.
According to Young, a business venture is worth pursuing if it ______.
A. supports the mission B. offers a potential to break even C. helps build a body of political support D. just a few organizational members oppose the venture
Herb promises to give his nephew, Curt, his old TV when the new one he ordered arrives. Explain whether this promise is enforceable, and include in your discussion the concept of "bargained-for exchange."
Which of the following communication channels should ideally be used when the content is uncontroversial and a quick response regarding relatively simple issues is required?
A. Telephone conversation B. Texting C. Videoconferencing D. Face-to-face meeting