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Once Developed, a Firm's Reputation Can Last a Long Time

question 41

True/False

Once developed, a firm's reputation can last a long time, even if the basis for that reputation no longer exists.


Definitions:

Availability

The state of being accessible and ready for use.

Visibility

The degree to which something is seen or acknowledged by others, often referring to the awareness of an individual's contributions or an issue.

Efficiency

The ability to achieve a goal using the least amount of resources possible, such as time, money, and effort.

Seiko Instruments

A company known for its precision instruments, including watches and electronic devices, emphasizing innovation and quality in manufacturing.

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