Given the Accelerated Pace of Technological Change,in Combination with Deregulation,globalization,and

question 96

Multiple Choice

Given the accelerated pace of technological change,in combination with deregulation,globalization,and demographic shifts,a firm will only be successful today if its

• A) competitive advantage is derived from static resource or market advantages.
• B) resource advantage is not causally ambiguous or socially complex.
• C) resource advantage is maintained for a short period of time.
• D) internal strengths change with its external environment in a dynamic fashion.

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Definitions:

Non Est Factum

A defense in contract law allowing a signing party to void the contract due to a fundamental misunderstanding of its nature.

Guaranteed Indebtedness

Obligations for which a third party guarantees payment in case the primary debtor fails to pay.

Poor Eyesight

A condition where a person's vision is impaired, making it difficult to see clearly without the aid of corrective lenses or surgery.

Undue Influence

Improper or wrongful pressure exerted on one person by another in order to coerce an action, contrary to their will.