To Maintain It Performance, the Small Business Must Launch a New

question 93

Multiple Choice

To maintain it performance, the small business must launch a new competitive advantage

• A) and keep that competitive advantage alive.
• B) and make adjustments to that competitive advantage over time.
• C) that rival firms can see and respond to.
• D) before the current strategy has run its course.

---

Definitions:

Notification

The act of formally or officially informing someone about a fact, condition, or event.

Prior Perfected

A legal status indicating that a security interest or lien has been formally established and has priority over others in the same property.

Security Interest

A lawful assertion or encumbrance on property used as security, often aimed at guaranteeing loan repayment.

Trustee in Bankruptcy

An individual or entity appointed to oversee and administer the estate of a bankrupt entity to ensure fair distribution of assets to creditors.