A Company's Competitive Advantage Will Not Endure for Long When

question 28

Multiple Choice

A company's competitive advantage will not endure for long when that competitive advantage can be:

• A) quickly or easily duplicated by other companies.
• B) protected by patents.
• C) protected by significant barriers to imitation.
• D) shared with other companies in the industry.
• E) shielded by copyrights.

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Definitions:

Correlation Coefficient

A numerical index that ranges from -1.0 to 1.0 and reflects the extent to which two variables are linearly related.

Scatter Plot

A diagram that shows the relationship between two variables by displaying points on a two-dimensional plot. Usually the two variables are denoted x and y, each point represents a pair of scores, and the x variable is plotted on the horizontal axis while the y variable is plotted on the vertical axis.

Upward Slope

A term that can be used metaphorically to describe a situation or trend that is improving or increasing over time.

Replication

Doing a study again to see if the results hold up. Replications are especially persuasive when done by different researchers in different labs than the original study.