Which of the Following Represents a Reason Why Competitive Advantages

question 18

Multiple Choice

Which of the following represents a reason why 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.

---

Definitions:

Positive Inequity

A situation where an individual perceives they are receiving more than they believe they should in comparison to others, leading to a sense of unfair advantage.

Equity

Fairness or justice in the way people are treated, particularly regarding the distribution of resources.

Goal Setting

Is the process of setting performance targets.

Task Feedback

The information received by individuals about their performance on a task, intended to guide future efforts.