The Key Result of Achieving a Competitive Advantage Is ___

question 199

Multiple Choice

The key result of achieving a competitive advantage is ___.

• A) an ability to sidestep government regulations
• B) an ability to consistently do something of high value which one's competitors cannot replicate quickly or do as well
• C) an ability to drive the competition out of business and to make extraordinarily high profits
• D) an ability to establish a monopolistic market position
• E) an ability to dictate consumer needs and preferences

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Definitions:

Behaviorist Perspective

A theory of learning based on the idea that all behaviors are acquired through conditioning, emphasizing observable behaviors over internal mental states.

Placebo

A substance with no therapeutic effect, used as a control in testing new drugs, or used to provoke a psychological benefit to the patient.

Secondary Reinforcers

Secondary reinforcers are stimuli that become reinforcing through their association with primary reinforcers, such as praise, money, or grades, which are not inherently rewarding but are valued through learned associations.

Conditioned Reinforcers

Stimuli or rewards that have become reinforcing through their association with a primary reinforcer.