Differentiation Is a More Sustainable Source of Competitive Advantage Than

question 73

Multiple Choice

Differentiation is a more sustainable source of competitive advantage than cost leadership because:

• A)A firm can control the differentiation of its products but cannot control its costs relative to all others, whose costs may suddenly fall
• B)Differentiation gives a firm more loyal customers
• C)Cost leadership can only ever be an operational issue, while differentiation is a strategic choice
• D)Differentiation gives you the richest customers, who can survive any recession

Know how to ensure visual aids meet ethical standards and support logical arguments.

Familiarize with the process of developing, revising, and distributing written and visual content effectively.

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Recognize the functional roles of cholesterol within cell membranes.

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Definitions:

Conditions

Terms or elements in contracts that affect how parties' responsibilities are enforced or interpreted.

Conditions Precedent

Legal terms that must be met before a party is required to perform under a contract.

Executory Conditions

Provisions in a contract that require certain actions to be performed before an obligation becomes absolute.

Concurrent Conditions

In a contract, terms under which each party’s performance is conditioned on the performance of the other; occur only when the parties are required to perform for each other simultaneously.