Which of the Following Is True of Competitive Intelligence as a Means

question 78

Multiple Choice

Which of the following is true of competitive intelligence as a means of environmental scanning?

• A)The Competitive Espionage Act makes it a crime in the United States to engage in competitive intelligence.
• B)It is unethical to use competitive intelligence to make strategic business decisions.
• C)Competitive intelligence is ethical if competitor-related information is collected from sources accessible and available to the public.
• D)Buying competitors' products and asking their own employees to evaluate them to learn about new technical innovations is an example of the unethical practices followed in competitive intelligence.

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Definitions:

Quadratic

Pertaining to an equation, function, or model that involves the square of a variable, typically expressed in the form ax^2 + bx + c = 0 where a, b, and c are constants.

Long-run Cost Function

A mathematical representation that shows the lowest possible cost of producing different levels of output when all input factors can be varied.

Experience

The knowledge or skill acquired by a period of practical involvement in or exposure to events or activities.

Units Produced

The total quantity of products manufactured or produced by a company or an industry within a specific period.