Which of the Following Represents a Reason That Competitive Advantages

question 185

Multiple Choice

Which of the following represents a reason that competitive advantages are typically temporary?

• A)The competitor will hire away your key employees.
• B)The competitor quickly seeks ways to duplicate your business operations.
• C)The competitor will purchase new technology.
• D)All of these.

Acknowledge the importance of cultural awareness and empathy in communication.

Understand how communication skills can impact personal productivity and professional success.

Develop skills to engage patients in conversations about themselves in a respectful manner.

Recognize the impact of non-verbal communication cues in patient interactions.

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Definitions:

Advantage

A condition or circumstance that places a person or entity in a favorable or superior position.

Import Quotas

Restrictions imposed by a government on the amount or value of goods that can be imported into a country, often used to protect domestic industries.

Tariffs

Taxes imposed by a government on imported goods and services.

Revenue

The sum of revenue resulting from the sales of products or services that are central to a company's main business activities.