To Provide a Sustainable Competitive Advantage, a Capability Must Satisfy

question 9

Multiple Choice

To provide a sustainable competitive advantage, a capability must satisfy all of the following criteria EXCEPT:

• A) be technologically innovative.
• B) be hard for competing firms to duplicate.
• C) be without good substitutes.
• D) be valuable to customers.

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Definitions:

Journal

A detailed record of all financial transactions, used as the primary source for all accounting entries.

Ledger

A comprehensive collection of a company's financial accounts, transactions, and balances over a period.

Structured Format

A specified and organized way of presenting or arranging information or data, typically following a predefined layout.

T-account

A graphical representation of a ledger account that is used for educating and understanding accounting.