Which of the Following Statements About the Sources of Competitive

question 84

Multiple Choice

Which of the following statements about the sources of competitive advantage is true?

• A) The best managers and companies deliver all five competitive advantages.
• B) Managing the sources of competitive advantage is a zero-sum game where one source improves at the expense of the other.
• C) It is possible to compete without cutting costs and offering attractive prices.
• D) Outsourcing certain functions is likely to decrease innovation.
• E) The faster the product is provided the more innovation suffers.

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Definitions:

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A legal term indicating that a document or case is officially confidential and not to be made public without authorization.

Letters Of Credit

Financial instruments issued by a bank guaranteeing a buyer's payment to a seller, within a specific timeframe, under specified conditions.

Material Terms

Essential conditions or clauses within a contract that significantly affect the performance obligations, the breach of which would substantially change the agreement's outcome.

Damages

Monetary compensation that a party is ordered to pay to another for harm or injury.