An Organization's Attempt at Creating and Sustaining a Long-Term Competitive

question 36

Multiple Choice

An organization's attempt at creating and sustaining a long-term competitive advantage can be disrupted through

• A) technological advances.
• B) market instability.
• C) government legislation.
• D) All of the answer choices are correct.
• E) None of the above affect long-term competitive advantage.

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Definitions:

Organizational Effectiveness

A measure of how well an organization achieves its goals and objectives through efficient use of resources.

Competitiveness

denotes the characteristic of striving to be more successful or superior, especially in a commercial or professional context.

Productivity

measures the efficiency of production of goods or services expressed as a ratio of output to inputs.

Promotes Innovation

Encourages or facilitates the introduction of new ideas, products, or methods, fostering a culture of creativity and advancement.