It Is Increasingly Difficult for a Firm to Develop and Sustain

question 42

Multiple Choice

It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and

• A) the rapid development of the Internet's capabilities.
• B) extensive use of outsourcing within the borders of the U.S.
• C) the declining number of inventions and patents developed by U.S. citizens.
• D) the simultaneous erosion of the U.S. work ethic and the U.S. education system.

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Definitions:

Biogenic Needs

Fundamental human needs, such as food, water, and shelter, that are innate and necessary for survival.

Drive Theories

Theories in psychology that explain motivation as being driven by the need to fulfill basic biological needs.

Psychogenic Needs

are psychological desires or motivations that drive individual behaviors, often subconscious in nature.

Expectancy Theories

A group of theories that explain how people determine the likelihood of a specific outcome based on their actions, beliefs about their abilities, and the perceived likelihood of achieving their goal.