If Competition,market Turbulence,and Accelerating Technological Change Are Increasing the Pace

question 10

Multiple Choice

If competition,market turbulence,and accelerating technological change are increasing the pace at which firms' competitive advantage is eroded,to sustain competitive advantage companies need to:

• A)Create multiple sources of competitive advantage
• B)Build strength in intellectual property
• C)Foster innovation
• D)Adopt global strategies that arbitrage the resource advantages of multiple countries.

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Definitions:

Interpersonal Intelligence

A type of intelligence that involves the ability to understand and interact effectively with others.

Contextual Intelligence

The ability to understand and appropriately apply knowledge taking into account the situational context, including cultural and environmental factors.

Mnemonics

Memory aids, especially those techniques that use vivid imagery and organizational strategies to enhance recall.

Pragmatics

(1) The practical knowledge needed to use language for communicative purposes. (2) The social context of language.