The Hardest Thing for an Organization to Do Is to Develop

question 115

Short Answer

The hardest thing for an organization to do is to develop its competitive advantage into ______________ competitive advantage, where the organization's strengths cannot be easily duplicated or imitated by other firms, nor made redundant or less valuable by changes in the external environment.

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Definitions:

Thermodynamics

The branch of physics that deals with the relationships between heat and other forms of energy, and how they affect matter.

Potential Energy

The energy possessed by a body by virtue of its position relative to others, stresses within itself, electric charge, and other factors.

Kinetic Energy

The energy that an object possesses due to its motion, directly proportional to the mass of the object and the square of its velocity.

Substrate

A surface or material on or from which an organism lives, grows, or obtains its nourishment.