All of the Following May Lead to a Competitive Advantage

question 54

Multiple Choice

All of the following may lead to a competitive advantage except:

• A) less expensive suppliers.
• B) better employees.
• C) fewer products.
• D) superior products.

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Definitions:

Saturation Effect

A phenomenon whereby a system's performance levels off or declines after reaching a certain point, despite continued increases in input or effort.

Birds-of-a-Feather Effect

The phenomenon that people tend to form relationships and bond with others who have similar characteristics, such as interests and values.

Foot-in-the-Door Effect

A psychological phenomenon where agreeing to a small request increases the likelihood of agreeing to a larger request later.

Proximity

In psychology, the closeness or physical distance between people that significantly affects attraction and relationship formation; in visual perception, a principle that elements close to one another are perceived as a coherent group.