A Sustainable Competitive Advantage Exists for an Organization When Other

question 20

Multiple Choice

A sustainable competitive advantage exists for an organization when other companies have tried unsuccessfully to duplicate the advantage and____________ .

• A) those companies have been prohibited from duplicating the advantage by federal law
• B) those companies have, for the moment, stopped trying to duplicate the advantage
• C) the organization is able to implement exclusive distribution
• D) the organization operates in the international marketplace
• E) the organization has a follower strategic stance

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Definitions:

Financial Information

Data related to the financial status or performance of an individual or entity, including balance sheets, income statements, and cash flow statements.

Borne

Borne usually refers to costs or expenses being carried or supported. In business, it means that a party takes on the responsibility for certain expenses.

IASB

The International Accounting Standards Board, an independent body responsible for the development and publication of International Financial Reporting Standards (IFRS).

FASB

The Financial Accounting Standards Board, an organization responsible for setting accounting and financial reporting standards in the U.S.