Which of the Following Represents a Reason Why Competitive Advantages

question 66

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 the answers are correct.

Recognize the ethical dimensions of business decisions, including the need to evaluate actions as right or wrong.

Identify the importance of honesty, integrity, and virtue in business ethics.

Understand the impact of misleading communications, including fraud, on stakeholders.

Differentiate ethical issues from legal issues in business practices.

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Definitions:

Podcasts

Audio programs available for streaming or downloading, often in a series, where hosts discuss various topics or themes.

Vertical Network

A specialized online network or community centered around specific industries, professions, or interests, facilitating targeted interactions and opportunities.

Common Hobby

An activity or interest pursued for pleasure or relaxation, frequently shared by a large portion of people.