Competitive Advantage Refers to the ________

question 12

Multiple Choice

Competitive advantage refers to the ________.

• A) belief that national prosperity is the result of a positive balance of trade, achieved by maximizing exports and minimizing imports
• B) superior features of a country that provide unique benefits in global competition, typically derived from either natural endowments or deliberate national policies
• C) distinctive assets or competencies of a firm that are difficult for competitors to imitate and are typically derived from specific knowledge, capabilities, skills, or superior strategies
• D) relative absence of restrictions to the flow of goods and services between nations

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Definitions:

Disengaged

Withdrawn or detached from a situation or involvement, not emotionally or intellectually interested.

Authoritative-Reciprocal

Authoritative-reciprocal refers to a style of interaction, particularly in parenting or leadership, that is characterized by a balance of authority and responsiveness to feedback.

Authoritarian

A governing or leadership style characterized by absolute or blind obedience to authority, as against individual freedom and related to the expectation of unquestioning obedience.

Permissive

Describes a parenting style characterized by low demands with high responsiveness, where parents are lenient and often only intervene when necessary.