Rize Inc Has Been Running Efficiently as a Real Estate Organization

question 51

Multiple Choice

Rize Inc. has been running efficiently as a real estate organization for 25 years. It has consistently provided customer satisfaction by maintaining a customer-friendly culture in the organization. Their competitors have not been able to replicate Rize's services. This has helped then generate and hold on to profits accrued by its vast and rare resource pool. This is an example of __________.

• A)inconsistent competitive advantage
• B)sustained competitive advantage
• C)competitive parity
• D)competitive failure

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Definitions:

Shift Strategy

A cognitive approach to changing the method or perspective used when solving problems or making decisions.

Lesion

Any damage or abnormal change in the tissue of an organism, usually caused by disease or trauma.

Temporal Cortex

A region of the cerebral cortex located on the sides of the brain, involved in processing auditory information and encoding memory.

Wisconsin Card Sorting Test

A neuropsychological test that measures an individual's ability to form abstract concepts and shift problem-solving strategies.