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In Order for a Firm to Achieve Sustained Competitive Advantage

question 54

True/False

In order for a firm to achieve sustained competitive advantage, a firm must continually adapt to changes in external trends and events and effectively formulate, implement, and evaluate strategies that capitalize upon those factors.


Definitions:

Digital Literacy

The capacity to efficiently locate, utilize, assess, produce, and share information through the use of digital tools.

Chip-And-Pin

A technology used in debit and credit cards that relies on an embedded chip and a personal identification number (PIN) for enhanced security during transactions.

Bibliography

A section of a document or book listing sources referenced in the work.

Glossary

A list of terms in a particular domain of knowledge with the definitions for those terms.

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