Competitive Advantage Is Based

question 34

Multiple Choice

Competitive advantage is based:

• A) upon the possession of distinctive competencies.
• B) on low barriers to imitation.
• C) on a higher cost structure.
• D) on low utility.
• E) on barriers to change in a company.

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Definitions:

Force Field Analysis

A method developed by Kurt Lewin to analyze the factors that support or hinder a particular situation or desired change by identifying and evaluating driving and restraining forces.

Resisting Forces

Factors that oppose or hinder change within an organization or system, making transformation efforts challenging.

Resistance To Change

The opposition or pushback from individuals or groups when they perceive that a change being introduced threatens their status quo or comfort zone.

Force Field Analysis

A method for analyzing the forces that contribute to or hinder change within organizations, identifying factors that need to be managed to make successful change possible.