Primary Activities Are

question 26

Multiple Choice

Primary activities are

• A) the activities most likely to be imitated by competitors.
• B) involved in a product's physical creation, its distribution, and its service after the sale.
• C) the core competencies of the organization.
• D) the activities most crucial to implementing the firm's business strategy.

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Definitions:

Sherman Act

A landmark federal statute in the U.S. that prohibits monopolistic practices and aims to promote competition.

Predatory Pricing

A pricing strategy where a product or service is set at a very low price with the intent to drive competitors out of the market.

Premium Tires

High-quality tires that offer superior performance and durability compared to standard tires, often at a higher price point.

Sherman Act

A landmark federal statute in the United States antitrust law passed by Congress in 1890, which prohibits monopolistic and anticompetitive practices.