Chance Events Play a Role in Shaping the Competitive Environment

question 18

Multiple Choice

Chance events play a role in shaping the competitive environment.Chance events are occurrences which include all of the following except:

• A)major technological breakthroughs.
• B)wars and their aftermath.
• C)oil crisis.
• D)currency fluctuations.
• E)annual business meeting.

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Definitions:

Highly Trained Personnel

Employees who have undergone extensive training and possess specialized skills or knowledge, contributing to a company's competitive advantage.

Postsale Services

Support activities provided by a company after a product has been sold, including installation, maintenance, repair, and customer assistance.

Apple Products

Consumer electronics and software created by Apple Inc., known for their innovation and design.

Bentley Motors

A British manufacturer of luxury cars and SUVs known for their luxury, craftsmanship, and performance.