Organizations Seek to Gain a Competitive Advantage by Differentiation, Cost

question 41

Multiple Choice

Organizations seek to gain a competitive advantage by differentiation, cost, or _________.

• A) service
• B) focus
• C) profit
• D) value
• E) speed

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Definitions:

Stockholders' Claim

The rights of shareholders to a company's assets, typically after debts have been paid.

Net Income

Net Income is the total profit of a company after all expenses, including taxes and operating costs, have been deducted from total revenue.

Dividends

Rephrased: Payments made by a corporation to its shareholders, usually as a distribution of profits.

Net Income

The concluding income of a company after removing the costs and taxes from its revenue.