Competitive Advantage Occurs If Customers Perceive That They Receive More

question 18

True/False

Competitive advantage occurs if customers perceive that they receive more value from their transaction with an organization than from its competitors.

---

Definitions:

Human Ecosystems

Complex systems of interaction between human communities and their environment, integrating social, cultural, and economic dimensions.

Dominant Social Paradigm

A prevailing set of attitudes, beliefs, and practices in society that tends to persist over time, influencing social norms and values.

Alternative Environmental Paradigm

Advocates living in harmony with the environment, not dominating it.

Sustainable Development

Development meeting the needs of the present without compromising the ability of future generations to meet their own needs, emphasizing environmental, economic, and social balance.