Examlex
Comment on this statement: "No competitive advantage lasts forever."
Scientific Method
A systematic approach to research where a problem is identified, relevant data is gathered, a hypothesis is formulated, and the hypothesis is empirically tested.
Self-Correcting Process
A mechanism or process that is capable of correcting its own errors or biases without external intervention.
Observation
The action or process of closely monitoring or watching something or someone to gain information.
Availability
The ease with which a memory or piece of information can be accessed from one's mind.
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