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:

Exceptional Experiences

Unusual events that are perceived by an individual, which can include paranormal or transcendent experiences.

Psychology Textbooks

Educational materials focused on the study of the mind and behavior.

Alternative Explanations

Different theories or reasons that account for a phenomenon, suggesting that the initial explanation may not be the only or complete reason.

Uncertainties

Situations or conditions where the outcomes are unpredictable or unknown, often leading to anxiety or stress in individuals.