A Sustained Competitive Advantage Can Be Competed Away by Strategic

question 22

True/False

A sustained competitive advantage can be competed away by strategic imitation.

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Definitions:

Personal Space

The buffer zone we like to maintain around our bodies.

Private Thoughts

Internal cognitive processes that are personal and not expressed to others, encompassing beliefs, reflections, and internal dialogues.

Subjective Feelings

Subjective feelings refer to personal perceptions of emotions and sensations that are not observable by others, including individual internal experiences of happiness, sadness, pain, and pleasure.

Group Needs

Refer to the requirements and desires shared by members of a group, crucial for the group’s cohesion and functionality.