Polaroid Had a Unique Competitive Advantage for Many Years Until

question 40

True/False

Polaroid had a unique competitive advantage for many years until it forgot to observe competitive intelligence.The firm went bankrupt when people began taking digital pictures.Polaroid provides a great example of Porter's threat of new entrants.

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Definitions:

Confidence Interval

A variety of values, sourced from sampling data, predicted to hold the value of an undetermined population attribute.

Mean

The average value of a set of numbers, calculated by dividing the sum of all values by the count of values.

Confidence Interval

A span of values calculated from sample statistics, which is likely to embody the value of a hidden population parameter.