An Organization That Is Unable to Develop a Competitive Advantage

question 146

Multiple Choice

An organization that is unable to develop a competitive advantage based on one of Michael Porter's competitive strategies is termed ________.

• A)a dog
• B)new entrant
• C)stuck in the middle
• D)diversified

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Definitions:

Equality

The state or quality of being equal, especially regarding status, rights, and opportunities without discrimination on any basis.

Gini Coefficient

A measure of income distribution within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).

Wealth Distribution

The manner in which wealth is divided among individuals or groups within a society.

Income Level

A measure of the amount of money earned by an individual or household, often used to identify economic status or class.