If a Small Firm Is to Maintain Its Performance Over

question 99

Multiple Choice

If a small firm is to maintain its performance over time, it is essential to

• A) produce a continuous stream of competitive advantages.
• B) extend the competitive advantage of the firm.
• C) replicate the strategies that have led to success in the past.
• D) retain the personnel who made the firm successful in the first place.

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Definitions:

Public Employees

Individuals who are employed by government bodies at the local, state, or federal level, typically working in public services.

Negotiate In Good Faith

Engaging in negotiations with honesty, sincerity, and intention of reaching a fair agreement for all parties involved.

Boycott

A form of protest where consumers refuse to purchase goods or services from a company to express dissent or demand change.

Picket Line

A boundary established by workers on strike, especially at the entrance to the place of work, aimed at dissuading others from entering the premises as a form of protest.