To Gain a Sustainable Competitive Advantage,companies Consistently Must Deliver Increasing

question 12

Short Answer

To gain a sustainable competitive advantage,companies consistently must deliver increasing ____________________ to customers.

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Definitions:

Heuristic

A mental shortcut or rule of thumb that helps simplify decision making and problem-solving.

Mental Set

A tendency to approach situations in a fixed way based on previous experiences, potentially hindering problem-solving.

Fixation

A persistent focus of psychological energy on an earlier stage of psychosexual development due to unresolved conflicts.

Everyday Reasoning

The process of applying logical thinking to everyday situations, typically involving practical problem-solving or decision-making.