What Do Firms Need to Know About Their Competitors? What

question 27

Essay

What do firms need to know about their competitors? What legal and ethical intelligence-gathering techniques can be used to obtain this information?

Understand causal attribution and its effects on perception and behavior.

Recognize the influence of cognitive biases on decision-making and perception.

Interpret social interactions through the lens of attribution theories.

Identify the role of individual differences in social perception.

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Definitions:

Computer Networks

Systems of interconnected computers that communicate with each other across telecommunication networks to share resources and information.

Technological Competency

The ability to understand new technologies and to use them to their best advantage.

Electronic Devices

Gadgets and devices that operate using electrical energy and electronic circuits.

New Gadgets

Recently developed electronic devices or tools designed to perform specific tasks, often incorporating the latest technology.