Which of the Following Statements Is True About Competitive Advantage

question 46

Multiple Choice

Which of the following statements is true about competitive advantage?

• A) It is unaffected by the strategies taken by the company.
• B) It is considered to be sustained when it lasts for three months.
• C) It exists only when the company's profitability is greater than the ten highest grossing firms in the world.
• D) It exists only when the company's profitability is greater than the average profitability and profit growth of its rivals.
• E) It is seldom affected by the business model of the company.

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Definitions:

Misrepresentation

The act of providing false, misleading, or incorrect information, typically with the intention to deceive.

Incidental Damages

Additional expenses incurred by one party due to another's breach of contract, above and beyond the direct damages or loss suffered.

Swimsuits

Clothing designed for people to wear while swimming.

Credit

Credit is the ability to obtain goods or services before payment, based on the trust that payment will be made in the future.