Organizations Can Achieve a Competitive Advantage by Using Their Resources

question 90

Multiple Choice

Organizations can achieve a competitive advantage by using their resources to:

• A) create strategies that are simultaneously being implemented by competitors.
• B) duplicate the value a competitor firm provides to its customers.
• C) provide greater value for customers than competitors can.
• D) foster competitive inertia.

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Definitions:

Economic Boom

A period of significant economic growth, marked by increases in productivity, sales, and income, typically leading to lower unemployment and higher consumer confidence.

Popular Vote

The total number or percentage of votes cast by the public in an election, as opposed to votes determined by electorates or delegates.