Which of the Following Is a Comparative Advantage

question 50

Multiple Choice

Which of the following is a comparative advantage?

• A) close relationships with suppliers
• B) superior strategies of an organization
• C) entrepreneurial orientation
• D) the distinct capabilities of an organization

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Definitions:

Sales

The total amount of goods or services sold by a company within a specific period.

Manufacturing Costs

Total expenses involved in producing a product or operating a manufacturing business, including materials, labor, and overhead costs.

CCA Class

refers to the categorization of depreciable properties under the Capital Cost Allowance system for tax purposes in Canada, which determines the rate of depreciation.

Net Income

The final amount a company earns after taking out all costs and taxes from its revenue.