All Competitive Advantages Do Not Accrue to Large-Sized Firms

question 57

Multiple Choice

All competitive advantages do not accrue to large-sized firms.A major advantage of smaller firms is that ____.

• A) they are more likely to have organizational slack
• B) they can launch competitive actions more quickly
• C) they have more loyal and diverse workforces
• D) they can wait for larger firms to make mistakes in introducing innovative products

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Definitions:

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Feminist Movement

A series of political campaigns for reforms on issues such as reproductive rights, domestic violence, maternity leave, equal pay, women's suffrage, and sexual harassment.

Psychological Research

The scientific study of the mind and behavior through experiments, observation, and analysis to understand mental functions and social dynamics.

Male Bias

A tendency to prefer, value, or prioritize men over women, often resulting in discrimination or inequality.