What Term Describes the Situation Where a Firm Does Exceedingly

question 22

Multiple Choice

What term describes the situation where a firm does exceedingly well due to good luck or exceedingly poorly due to bad luck,but returns to normal performance following?

• A)Regression to the mean
• B)Competitive advantage
• C)Persistent performer
• D)Sustainable firm
• E)Predictable performance

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Definitions:

Boys And Girls Club

A community-based organization that provides young people with a safe place to learn and grow through life-enhancing programs and character development experiences.

Resilience

The ability to adapt to serious adversity.

Community

A group of people living in the same place or having a particular characteristic in common.

Long-Term Consequences

The extended effects or outcomes that result from actions, decisions, or conditions, often persisting for years.