Polaroid Had a Unique Competitive Advantage for Many Years Until

question 40

True/False

Polaroid had a unique competitive advantage for many years until it forgot to observe competitive intelligence.The firm went bankrupt when people began taking digital pictures.Polaroid provides a great example of Porter's threat of new entrants.

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Definitions:

Hybrid Vehicle

A vehicle that uses more than one form of onboard energy to achieve propulsion, typically combining an internal combustion engine with an electric motor.

Battery Starter

A device that uses electrical power from a battery to start the engine, typically by turning the engine's crankshaft to initiate combustion.

Cool-Off Period

A legally mandated period allowing buyers to cancel a contractual agreement without penalty, typically seen in financial or real estate transactions.

Engine Speed

The measure of the number of revolutions per minute (RPM) at which an engine's crankshaft is rotating.