Explain why competitive advantages are typically temporary.
What will be an ideal response?
Competitive advantages are typically temporary because competitors often seek ways to duplicate the
competitive advantage. In turn, organizations must develop a strategy based on a new competitive
advantage.
You might also like to view...
Prospecting and cold-calling are interchangeable terms
Indicate whether the statement is true or false
Ravi would like to use the substitute for leadership concepts to improve his leadership effectiveness. Which of the following should he focus on?
a. Increase the distance between himself and his followers. b. Decrease his power. c. Put in place rigid organizational policies. d. Increase his team’s cohesion.
List the factors set forth in the text that may give rise to an implied obligation to discharge the employee only for good cause in jurisdictions recognizing the contract-based implied contract judicial exception to the employment-at-will rule
The contents of a sample of 26 cans of apple juice showed a standard deviation of .06 ounces. We are interested in testing whether the variance of the population is significantly more than .003. The test statistic is
A. 1.2. B. 31.2. C. 30. D. 500.