Cost Leadership Is a Sustainable Source of Competitive Advantage Only

question 66

True/False

Cost leadership is a sustainable source of competitive advantage only if no barriers exist that prevent competitors from achieving the same low costs.

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Definitions:

Inferiority Complex

An intense personal feeling of inadequacy, often resulting in extreme self-criticism, usually stemming from societal pressures or comparative assessments.

Ego

In psychoanalytic theory, the part of the personality that mediates between the desires of the id and the constraints of the superego, often associated with self-esteem and self-identity.

Id

In Freudian psychology, the part of the human psyche that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.

Video Games

Electronic games that involve interaction with a user interface to generate visual feedback on a two- or three-dimensional video display device.