Which of the Following Statements About Competitive Advantage Is True

question 89

Multiple Choice

Which of the following statements about competitive advantage is true?

• A) Competitive advantage is an absolute measure; it is not relative.
• B) Competitive advantage is a one-dimensional concept.
• C) Competitive advantage is permanent and not transitory; once gained by a firm it stays with the firm.
• D) Competitive advantage can be assessed by measuring accounting profit, shareholder value, or economic value.

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Definitions:

Chinese

Referring to anything related to China, including its language, culture, or people.

Flexibility

The ability of joints to move through their full range of motion and the elasticity of muscles and connective tissues.

Sense of Balance

The ability to maintain the body's center of gravity within its base of support, crucial for movement and coordination.

Naturopathy

A system of alternative medicine based on the theory that diseases can be treated or prevented without the use of drugs, by techniques such as control of diet, exercise, and massage.