According to D'Aveni's Book,Hypercompetition,which of the Following Statements Is True

question 21

Multiple Choice

According to D'Aveni's book,Hypercompetition,which of the following statements is true?

• 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:

Group Size

The number of individuals constituting a group, which can influence the group's dynamics, behavior, and outcomes.

Public Places

Areas that are open and accessible to people, such as parks, streets, and public squares, often owned or controlled by public authorities.

Cafeterias

Public dining spaces where food is served, typically in institutional settings like schools or workplaces.

Substantially Influence

To have a significant, powerful, or notable effect on someone or something, often altering outcomes, behaviors, or beliefs.