A Company Can Create Competitive Advantage by

question 63

Multiple Choice

A company can create competitive advantage by

• A) lowering switching costs.
• B) refusing alliances.
• C) staying with the "tried and true" processes that competitors use.
• D) reducing barriers to entry.
• E) adding technology to its business process.

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Definitions:

American

Pertaining to or characteristic of the United States of America, its inhabitants, or its culture.

Japanese

Pertaining to Japan or its culture, language, or people.

James-Lange Theory

A theory of emotion proposing that physiological arousal precedes the experience of emotion, suggesting emotions are the interpretation of bodily reactions.

Physiological Changes

Alterations in the body's functions and processes, which can occur due to development, aging, or response to environments.