Fedex Is a Great Example of a Company That Created

question 62

Multiple Choice

Fedex is a great example of a company that created a competitive advantage through combining MIS and ________.

• A) traditional distribution and logistics processes
• B) logistic processes and an As-Is process model
• C) artificial intelligence and As-Is process model
• D) swim lanes and logistic processes

---

Definitions:

Market Price

The present cost at which a service or asset is available for purchase or sale.

P > MC

Indicates a situation where the price (P) of a good is greater than the marginal cost (MC) of producing it, suggesting the potential for economic profits.

Short Run

A time period in economics during which at least one factor of production is fixed, limiting the ability of the business to adjust to market changes fully.

Monopolistically Competitive Firm

A type of firm in a market structure where many companies sell products that are similar but not identical, and each has some control over its price.