A Company Is Said to Have a Sustained Competitive Advantage

question 33

True/False

A company is said to have a sustained competitive advantage when it is able to maintain above-average profitability for at least two quarters.

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Definitions:

Centerline

A reference line drawn on a graph or chart that represents the average, norm, or expected value of a set of data or a process control chart.

Process Capability Index

A measure used to quantify how well a process can meet specified output requirements.

Specification Limits

The bounds within which the values of a product, process, or service must lie to meet quality standards.

Proportion Of Defectives

The ratio or percentage of defective items in a batch or production process, indicating the quality or reliability of the manufacturing process.