All Competitive Advantages Have

question 102

Multiple Choice

All competitive advantages have:

• A) a limited life.
• B) unrestricted sustainability.
• C) the ability to earn above-average returns indefinitely.
• D) protections against imitability.

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Definitions:

Maintenance Department

The Maintenance Department is a functional division within a company responsible for the upkeep, repair, and preservation of equipment, facilities, and infrastructure.

Sequential Method

A technique in cost accounting where support department costs are allocated to other departments in a specific sequential order, taking into consideration the services provided by each support department.

Janitorial Department

A segment of a business or organization responsible for cleaning, maintenance, and upkeep of buildings and facilities.

Square Footage

The area of a space measured in square feet, often used in real estate to quantify the size of buildings or rooms.