Rapid Changes in Technology, Globalization, and Actions by Rivals Cannot

question 21

True/False

Rapid changes in technology, globalization, and actions by rivals cannot erode company advantages.

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Definitions:

Environmental Conditions

The external factors and surroundings that can influence the life, growth, behavior, and survival of organisms or systems.

Own Behavior

Refers to an individual's actions or conduct that they are personally responsible for or in control of.

Sense of Purpose

The motivation that drives individuals or groups to achieve goals and objectives, providing direction and meaning to actions or projects.

Self-interest

Acting in a way that is beneficial to oneself, often without regard for others.