Small Companies Must Develop Strategies That Exploit All of the Competitive

question 102

Multiple Choice

Small companies must develop strategies that exploit all of the competitive advantages of their size by:

• A) responding quickly to customers' needs.
• B) remaining flexible and willing to change.
• C) constantly innovating.
• D) All of the above

---

Definitions:

ECT

Electroconvulsive Therapy (ECT) is a medical treatment involving electric currents passed through the brain to trigger a brief seizure, thought to cause changes in brain chemistry that can quickly reverse symptoms of certain mental health conditions.

Electroconvulsive Therapy

A mental health therapy that involves inducing seizures in patients using electrical stimulation to alleviate psychiatric conditions.

Retrograde Amnesia

A condition where an individual loses memories of events that occurred before a specific point in time, typically due to brain injury or disease.

Memory

The cognitive process involved in the encoding, storing, and retrieving of information.