A Unique Skill or Knowledge an Organization Possesses That Gives

question 111

Multiple Choice

A unique skill or knowledge an organization possesses that gives it an edge over competitors is called a

• A) Strategic advantage alliance.
• B) Core competence.
• C) Better business benefit.
• D) Competitive benchmark.
• E) Comprehensive advantage.

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Definitions:

Asch's Line-Judging

Definition: An experiment conducted by Solomon Asch that demonstrated the power of conformity in groups, where individuals often agree with clearly incorrect majority opinions.

Autokinetic Effect

A phenomenon where a stationary point of light in a dark room appears to move due to small involuntary eye movements.

Group Norms

The shared expectations and rules that guide the behavior of members within a group.

Public Compliance

The act of conforming to the expectations or demands of others in open settings, often to fit in.