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:

Disclaimer

A statement that denies responsibility intended to limit legal liability or clarify that certain guarantees are not provided.

Effective

Having the intended or expected effect; capable of bringing about a desired result.

Reasonable Opportunity

A legal concept that refers to the fair chance given to all parties involved in a proceeding to present their case, access relevant information, and respond to evidence against them.

Stop-Payment Order

A request made to a bank to cancel a check or payment before it has been processed.