Differences in Long-Term Performance Between Firms in the Same Industry

question 93

True/False

Differences in long-term performance between firms in the same industry primarily come from different internal sources of competitive advantage.

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Definitions:

Inspirational Motivation

The ability to inspire and motivate others towards achieving a shared vision or goal.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, inspiring followers to exceed their own interests for the good of the group or organization.

Moral Principles

Foundational ethical guidelines that govern behavior and decision-making, based on notions of right and wrong.

Unethical Leadership

Leadership practices that are immoral or violate societal standards and principles.