Competitive Advantage for Global Firms Grows Out of Continuous Improvement,__________,and

question 15

Multiple Choice

Competitive advantage for global firms grows out of continuous improvement,__________,and change.

• A)product quality
• B)employment of a multicultural or multinational staff
• C)membership in a formalized trade organization
• D)market research
• E)innovation

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Definitions:

Downward Comparison

A social comparison strategy where individuals compare themselves to others who are worse off to feel better about their own situation.

Temporal Comparison

The process of comparing one's current performance or state to one's performance or state at a previous time.

Self-serving Bias

The common habit of a person taking credit for positive events or outcomes, but blaming outside factors for negative events.

Temperament Aspects

Fundamental components of an individual's personality, often innate, that dictate how they react to their environment and situations.