________ Advantages Refer to the Benefits a Firm May Achieve

question 30

Multiple Choice

________ advantages refer to the benefits a firm may achieve by entering a new market or developing a new product or service prior to rival firms.

• A) First mover
• B) Outsourcing
• C) Differentiator
• D) Corporate
• E) Fast follower

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Definitions:

Equity Theory

A theory of motivation that suggests fairness in the balance between an individual's inputs and outputs in a relationship contributes to their satisfaction.

Social Exchange Theory

A theory that suggests social behavior is the result of an exchange process aiming to maximize benefits and minimize costs.

Attachment Theory

A psychological model that describes the dynamics of long-term and short-term interpersonal relationships between humans.

Sex-Role Spillover Theory

The theory that suggests sex roles learned in one domain (e.g., home) can spill over and affect behaviors in another domain (e.g., work), often leading to gender-based assumptions.