If a Firm Offers a Service That Is Valuable, Rare

question 24

Multiple Choice

If a firm offers a service that is valuable, rare, and costly to imitate, but a substitute exists for the service, the firm will:

• A) achieve competitive parity.
• B) have a competitive disadvantage.
• C) have a temporary competitive advantage.
• D) gain a sustainable competitive advantage.

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Definitions:

Motion

The act or process of transferring or being transferred from one place to another.

Pool Table

A table with a flat surface and raised edges, equipped with pockets, used for playing billiards or pool.

Luminous Rectangular Frame

A framework or structure, often made of metal or plastic, that surrounds a light-emitting device, creating a bright rectangular display.

Induced Motion

The visual perception where motion is attributed to a stationary object while the observer is actually moving.