Explain Why Competitive Advantages Are Temporary

question 77

Essay

Explain why competitive advantages are temporary.

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Definitions:

Mary Parker Follett

A pioneering theorist in organizational behavior and management who emphasized the importance of integrative conflict resolution and human relations.

Build-It-In Approach

A methodology focusing on integrating quality and efficiency into the process of product or service development rather than inspecting quality after production.

Web 2.0

The second generation of the World Wide Web, characterized by the ability for people to collaborate and share information online.

Social Networking

The use of internet-based platforms and applications to build social connections with others who share similar interests or activities.