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Technology Can Yield a Competitive Advantage Only When It Is

question 41

True/False

Technology can yield a competitive advantage only when it is utilized effectively.


Definitions:

Illusory Correlation

The cognitive bias of perceiving a relationship between variables (typically people, events, or behaviors) even when no such relationship exists.

Representative Sample

A subset of a population that accurately reflects the members of the entire population.

Laboratory Environment

A controlled setting designed for scientific experiments, research, or testing, often equipped with specific instruments and materials.

Case Study

An observation technique in which one person is studied in depth in the hope of revealing universal principles.

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