Explain Why Competitive Advantages Are Temporary

question 77

Essay

Explain why competitive advantages are temporary.

Identify the importance and structure of the scientific method in psychology.

Trace the historical development of psychology from philosophy and physiology.

Know the key individuals and their differing views in the early development of psychology.

Appreciate the importance of research findings communication in psychology.

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Definitions:

Moral Idealism

An ethical philosophy that places importance on principles and moral values in decision making.

Consumer Bill of Rights

A declaration of the basic rights afforded to consumers, such as the right to safety, to be informed, to choose, and to be heard.

Moral Philosophers

Individuals who study principles or problems of right and wrong conduct, ethics, and moral philosophy.

Moral Idealism

A personal moral philosophy that considers certain actions to be universally right or wrong, independent of the outcomes they produce.