According to D'Aveni

question 56

Multiple Choice

According to D'Aveni

• A) except for a few stable industries, strategy initiatives do not provide sustainable competitive advantage.
• B) hypercompetition is rare.
• C) it is enough to gain competitive advantage by being the lowest cost competitor.
• D) the theory of hypercompetition is not supported by any research.
• E) the American home appliance industry was immune to hypercompetition.

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Definitions:

Job Autonomy

The extent to which a role allows a worker the autonomy to plan their tasks and decide on the methods to accomplish them.

Democratic Manager

A managerial style characterized by involving employees in decision-making, valuing their input, and making decisions by consensus.

Chris Argyris

A prominent American psychologist known for his contributions to the development of organizational learning, double-loop learning, and theories related to the behavior of organizations.

Mature Adult Personality

Refers to the characteristics and behaviors that are typical of fully developed individuals, often emphasizing emotional stability, self-awareness, and adaptability.