To Maintain Performance, a Small Business Must Launch a New

question 8

Multiple Choice

To maintain performance, a small business must launch a new competitive advantage:

• A)and keep that competitive advantage alive.
• B)and make adjustments to that competitive advantage over time.
• C)that causes rival businesses to respond.
• D)before the current strategy has run its course.

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Definitions:

Sequential Processing

The cognitive process of understanding and managing information in a specific, ordered sequence, critical for tasks such as problem-solving and learning.

Blindsight

A phenomenon in which people who are perceptually blind in a certain area of their visual field demonstrate some response to visual stimuli in that area without consciously perceiving them.

Selective Attention

The process by which one focuses on one input or task while ignoring other stimuli or information.

Inattentional Blindness

A psychological lack of attention that is not associated with any vision defects or deficits, where an individual fails to perceive an unexpected stimulus that is in plain sight when other attention-demanding tasks are being performed.