Which of the Following Is a Primary Source of Competitive

question 38

Multiple Choice

Which of the following is a primary source of competitive advantage that is achieved through a marketing strategy?

• A)Better organizational processes relative to competitors
• B)Effective product positioning
• C)Superior corporate financial resources
• D)Business unit's competencies relative to competitors

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Definitions:

Liquidation

The procedure of concluding a company's operations and allocating its resources among those who have claims.

Conservatism

An accounting principle that requires potential expenses and liabilities to be recognized immediately, but revenue only when it is ensured.

Chapter 7 Bankruptcy

A type of bankruptcy that involves the liquidation of a debtor's assets to repay creditors, under the U.S. Bankruptcy Code.

Free Assets

Assets that are not encumbered by any liens or claims, available to be used or sold freely by the owner.