Which of the Following Statements Is True of the Sources

question 46

Multiple Choice

Which of the following statements is true of the sources of competitive advantage?

• A) The best companies choose one source of competitive advantage and perfect it.
• B) Managing the sources of competitive advantage is a zero-sum game where one source suffers at the expense of the other.
• C) It is possible to improve quality and also enhance speed.
• D) Trade-offs do not occur among the six sources of competitive advantage.
• E) Sustainability is the speed and dependability with which an organization delivers what customers want.

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Definitions:

Egocentrism

A cognitive trait where an individual is unable to differentiate between their own perspective and that of others, often resulting in viewing the world solely from their own point of view.

Objective Interpretations

The unbiased, factual analysis or explanation of data or events, free from personal feelings or opinions.

Cognitive Therapy

A form of psychotherapy that focuses on changing negative thought patterns to improve mood and behavior.

Interpret Experiences

The process of giving meaning to personal experiences through reflection, analysis, and understanding, often influenced by one’s background, beliefs, and emotions.