A Firm Can Establish a Sustainable Competitive Advantage Over Competitors

question 1

Multiple Choice

A firm can establish a sustainable competitive advantage over competitors if:

• A) the firm has access to the same information technology as its competitors.
• B) the firm focuses solely on productivity rather than quality and service.
• C) the firm uses information technology to continuously improve the core functions of its business.
• D) there is a high potential for competing firms to create or buy the firm's information technology.

---

Definitions:

Financial Institutions

Organizations that provide financial services, such as banks, credit unions, and insurance companies.

Tax Agencies

Governmental organizations responsible for the administration and collection of taxes and enforcement of tax laws.

Inventory Suppliers

These are the entities or individuals from whom a business purchases its inventory, comprising goods intended for sale.

Vendors Section

The part of a business's accounting or procurement software where information about suppliers, including payments and contracts, is managed.