If Competition,market Turbulence,and Accelerating Technological Change Are Increasing the Pace

question 10

Multiple Choice

If competition,market turbulence,and accelerating technological change are increasing the pace at which firms' competitive advantage is eroded,to sustain competitive advantage companies need to:

• A)Create multiple sources of competitive advantage
• B)Build strength in intellectual property
• C)Foster innovation
• D)Adopt global strategies that arbitrage the resource advantages of multiple countries.

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Definitions:

Carboxylic Acids

Organic acids characterized by the presence of at least one carboxyl group (-COOH), which imparts acidic properties to the molecule.

Resonance Stabilization

A concept in chemistry where the bonding in molecules or ions can be shown by several equivalent electron dot structures (resonance structures), leading to a stabilization of the molecule.

Carboxylate Ion

A negatively charged ion (anion) that results from the deprotonation of a carboxylic acid's hydroxyl group.

Strongest Acid

Refers to an acid with the highest tendency to donate a proton (H+) in a solution, often having a very low pH value.