What key element of a competitive move adds credibility to a making it a "true" commitment?
A)Fund raising
B)Public announcement
C)Relatedness factor
D)Irreversibility
E)Capacity expansion

Question

Quizplus · Accepted Answer

Irreversibility is the key element that adds credibility to a competitive move, making it a "true" commitment. Once a decision is made that cannot be easily reversed, it shows that the company is serious about its commitment and is willing to make significant changes to achieve its goals. Fundraising, public announcement, relatedness factor, and capacity expansion can all be part of a competitive move, but they do not necessarily indicate a true commitment.

What Key Element of a Competitive Move Adds Credibility to a Making