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:

Gardner

Refers to Howard Gardner, an American developmental psychologist best known for his theory of multiple intelligences.

Charles Spearman

A British psychologist known for his work in statistics and intelligence, especially for Spearman's rank correlation coefficient and the concept of 'g' or general intelligence.

General Intelligence

A concept suggesting that individuals possess a single, overall measure of mental capability that affects performance on different cognitive tasks.

WAIS-IV

The Wechsler Adult Intelligence Scale-Fourth Edition, a widely used test designed to measure intelligence and cognitive ability in adults.