Which of the Following Scenarios Illustrates a Firm That Has

question 4

Multiple Choice

Which of the following scenarios illustrates a firm that has a sustainable competitive advantage?

• A) Jamison Inc. generated revenue of $300,000 this financial year, which is close to the industrial revenue average of $320,000.
• B) CR Inc. almost doubled its sales to 9,000 units this year compared to its previous year's sales of 5,000 units, though the industry average is 10,000 units.
• C) Zhang Corp. was able to hold its market share of 68 percent in the social networking industry for more than three years.
• D) Peak Inc. was able to outperform its competitors with its new production system, in terms of revenue, for a brief period of four months.

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Definitions:

ECG

ECG, or Electrocardiogram, is a medical test that measures the electrical activity of the heart to assess heart health and detect any abnormalities.

Cardiac Muscle

A type of involuntary striated muscle found exclusively in the heart, essential for heart contractions and blood circulation.

Skeletal Muscle

A type of striated muscle tissue which is under the voluntary control of the somatic nervous system and is used to move the skeleton.

Somatic Motor Neurons

Nerve cells that control voluntary movements of the muscles by transmitting signals from the central nervous system.