A Serious Problem of Competitive Advantage Is That

question 122

Multiple Choice

A serious problem of competitive advantage is that:

• A) It normally doesn't last very long and it isn't sustainable over the long term
• B) Competitors figure out how it was done and do the same thing
• C) A competitive advantage can become a competitive necessity
• D) All of the choices are correct.

Grasp the significance of relationships and belonging to human well-being.

Realize the role of cognitive activity in the formation of emotion.

Understand different theories of emotion and their key concepts.

Recognize the historical figures associated with the development of emotion theories.

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Definitions:

Consumer Expenditure Survey

A statistical survey that collects information on the spending habits, income, and demographic characteristics of consumers.

Consumer Confidence Index

A measure of the overall degree of confidence individuals have in the economic situation and their personal financial situation.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.

Discretionary Income

The amount of an individual's income left for spending, investing, or saving after taxes and personal necessities (like food and shelter) are taken care of.