Once Established, Competitive Advantage Is

question 11

Multiple Choice

Once established, competitive advantage is

• A)relatively stable over time.
• B)subject to erosion by competitors or entrants.
• C)a firm's reward for leading the industry.
• D)easily maintained unless entry barriers are high.

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Definitions:

Linear Flows

Processes or systems that move in a straight line or sequence, often used to describe traditional communication or production methods.

Bullet-point Slides

Slides in a presentation that use bullet points to organize and present information in a clear, concise, and easily digestible format.

Software Features

The functions, tools, and capabilities that are available in a software program, making it useful and beneficial to the user.

Good Posture

The alignment and positioning of the body in a way that reduces strain on the musculoskeletal system.