Which of the Following Statements About the Sources of Competitive

question 84

Multiple Choice

Which of the following statements about the sources of competitive advantage is true?

• A) The best managers and companies deliver all five competitive advantages.
• B) Managing the sources of competitive advantage is a zero-sum game where one source improves at the expense of the other.
• C) It is possible to compete without cutting costs and offering attractive prices.
• D) Outsourcing certain functions is likely to decrease innovation.
• E) The faster the product is provided the more innovation suffers.

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Definitions:

Survey Research

A method of gathering data from respondents through a structured questionnaire to collect information on opinions, behaviors, or characteristics.

Participant Observation

A qualitative research method where the researcher immerses themselves in a group to observe and participate in its activities.

Strengths and Weaknesses

Strengths and weaknesses refer to the internal factors and characteristics that support or hinder a person's ability to achieve their goals and objectives.

Experimental Method

A scientific approach to research where variables are manipulated to observe their effects on other variables, often used to test hypotheses.