Porter's Value Chain Framework Suggests That a Competitive Advantage Can

question 12

Multiple Choice

Porter's value chain framework suggests that a competitive advantage can stem from:

• A) Lowering costs and adding value
• B) Reducing isolated costs
• C) Disregarding customer data
• D) Optimizing internal costs
• E) Improving customer service

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Definitions:

Semiannually

Occurring twice a year; typically every six months.

Subordinated Debt

A class of debt that is ranked below other debts with regard to claims on assets or earnings in the event of a liquidation of the issuer.

Payment Of Principal

The act of paying back the original amount borrowed in a loan, separate from interest payments.

Lower In Priority

A status indicating lesser importance or urgency in comparison to other items or tasks.