All of the Following Statements About Competitive Advantage Are Accurate

question 44

Multiple Choice

All of the following statements about competitive advantage are accurate EXCEPT:

• A) it is achieved when an organization has created more economic value for its customers than its competitors.
• B) the cost of making the product or service is outweighed by the value which is provided to the customer.
• C) it can result from using state of the art technology and equipment to produce the product or service.
• D) financial resources are the determinate of competitive advantage rather than the alignment of HR practices.
• E) providing excellent customer service can result in a competitive advantage.

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Definitions:

Circular Argument

A logical fallacy in which the conclusion is assumed in one of the premises, offering no real evidence for the argument.

Inadequate Sample

A sample size that is too small to represent the population accurately, leading to unreliable results.

Unmanned Surveillance

The monitoring of areas, activities, or people using automated or remotely controlled equipment, such as drones or cameras.

Informational Constraint

Restrictions or limitations placed on data, such as access permissions or the structure of information.