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The Competitive Advantage Held by One Firm Over Its Competitors

question 4

True/False

The competitive advantage held by one firm over its competitors tends to change more slowly in stable markets.


Definitions:

Miles

A unit of distance or length measure equal to 5,280 feet or approximately 1.609 kilometers, used mainly in the United States.

Square

A polygon with four equal sides and four right angles; also, the mathematical operation of multiplying a number by itself.

Dimensional-analysis

A method in physics and engineering to check the consistency of equations involving physical quantities by tracking units and dimensions.

Seconds

The basic unit of time in the International System of Units (SI), equal to one sixtieth of a minute.

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