The Size of a Firm's Competitive Advantage Is the Sum

question 75

True/False

The size of a firm's competitive advantage is the sum of the economic value a firm is able to create and the economic value rivals are able to create.

---

Definitions:

Prima Facie Duty

An obligation that appears to be binding upon first view, but may be overridden by stronger moral considerations.

Keep Promises

The act of fulfilling a commitment or assurance one has made.

Absolute Moral Rules

Ethical principles that are considered universally applicable and unwavering under all circumstances.

Moral Dilemmas

Situations where an individual faces a choice between two or more morally conflicting options, with no clear right or wrong answer.