Competitive Advantage Can Be Defined As

question 21

Multiple Choice

Competitive advantage can be defined as:

• A)The difference between a firm's return on assets and its return on sales
• B)A firm's ability to earn a persistently higher profit margin than its rivals
• C)A firm's ability to earn a profit rate which is persistently higher than its rivals
• D)A firm's ability to outwit its competitors

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Definitions:

Photovoltaic Cell

A type of electrical device that converts the energy of light directly into electricity by the photovoltaic effect.

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Art created during the Paleolithic era, characterized by cave paintings, carvings, and other primitive forms of artistic expression.

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A mythical being that is made up from parts of different animals or humans, often found in various cultures' mythologies and art.