Competitive Responses to the Environment Should Meet What Criteria

question 12

Multiple Choice

Competitive responses to the environment should meet what criteria?

• A) valuable, clever, and unique
• B) valuable, unique and difficult to imitate
• C) timely, focused, and valuable
• D) rare, difficult to imitate, and difficult to create
• E) aggressive, timely, and swift

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Definitions:

Debit Balance

An account balance where total debits exceed total credits.

Debit

An accounting entry that increases an asset or expense account, or decreases a liability or equity account, used in double-entry bookkeeping.

Credit

An accounting entry that either increases a liability or equity account, or decreases an asset or expense account.

Decrease

A reduction in the size, amount, or rate of something.