If Some Stakeholder Groups Are Able to Extract Significant Value,the

question 42

Multiple Choice

If some stakeholder groups are able to extract significant value,the firm's competitive advantage may not be realized when compared to its rivals.This situation can place the firm in a ________________.

• A) Competitive advantage
• B) Competitive disadvantage
• C) Competitive position
• D) Competitive paralysis

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Definitions:

Unfairly

In a manner that is unjust, partial, or prejudiced, not giving equal treatment or opportunity.

McClelland's Motivation Theory

A psychological theory that identifies three primary drivers of motivation: need for achievement, need for affiliation, and need for power.

Need for Achievement

The motivation to excel, to achieve in relation to a set of standards, or to compete successfully against challenging criteria.

Control

The power to influence or direct people's behavior or the course of events, often to achieve a desired outcome.