Unlike a Long-Lasting Competitive Advantage, a Sustainable Competitive Advantage Is

question 100

Multiple Choice

Unlike a long-lasting competitive advantage, a sustainable competitive advantage is one where:

• A) competitors have tried unsuccessfully to duplicate the advantage and have, for the moment, stopped trying to duplicate it.
• B) organizations collect and store the resources they require while preventing their competitors from accessing those resources in order to curb competition.
• C) organizations have gained an edge by using their resources to provide greater value for customers than their competitors can.
• D) competitors buy a portion of an organization's market share and use it to improve their market presence, thereby increasing the longevity of their own organization.

Apply knowledge of supply and demand to predict market outcomes for housing.

Recognize the effect of changing consumer preferences on market demand.

Understand the relationship between shifts in supply and demand curves and their impact on equilibrium price and quantity.

Identify the effects of economic conditions (e.g., income changes, production cost changes) on market equilibrium.

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Definitions:

Disrespectful Behaviour

Actions or comments that show a lack of respect or courtesy towards others, often violating social norms or personal boundaries.

Incivility

Rude, discourteous, or disrespectful behaviour that reflects a lack of regard for others.

Lateral Violence

Physical, verbal, or emotional abuse or aggression directed at coworkers at the same organizational level; also known as horizontal violence or horizontal hostility.

Attentively Listen

The act of actively and fully concentrating on a speaker, comprehending their message, and responding thoughtfully.