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The prediction that hypercompetition makes competitive advantage temporary:
Call Option
An option contract that gives the holder the right, but not the obligation, to buy a specified quantity of an underlying asset at a set price within a specific period.
Strike Price
The predetermined price at which an option's contract can be exercised, allowing for the purchase or sale of the underlying asset.
Strike Price
The price at which the holder of an option contract can buy (in the case of a call option) or sell (in the case of a put option) the underlying asset.
Risk-free
An investment category that promises return payments with zero default risk, often exemplified by treasury bonds of stable governments.
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