People Are a Source of Competitive Advantage When Their Skills,knowledge,and

question 28

True/False

People are a source of competitive advantage when their skills,knowledge,and abilities are not equally available to all competitors.

---

Definitions:

Decision Making Takes Longer

A situation where the process of choosing between alternatives or making decisions is extended due to various factors, such as complexity or lack of information.

Information Technology (IT)

The use of computers, storage, networking, and other physical devices, infrastructure and processes to create, process, store, secure and exchange all forms of electronic data.

Programmed Decisions

Decisions that are routine and repetitive, often made using standard operating procedures.

Nonprogrammed Decisions

Decisions made in response to situations that are unique, poorly defined, and largely unstructured.