Scenario: Better Mousetrap Inc

question 80

Multiple Choice

Scenario: Better Mousetrap Inc.
Better Mousetrap Inc. is a manufacturing company that sells pest control products. Recently the company launched an innovative mousetrap with a unique design that has been selling well in the U.S. market. Senior Vice President Marc Wallace, even recommended expanding sales overseas in order to increase company revenues.
-National competitive advantage theory states that a nation's competitiveness in an industry depends on ________.

• A) the capacity of companies to create barriers to entry
• B) the capacity of the industry to innovate and upgrade
• C) the availability of government subsidies for industry development
• D) the availability of cheap factors of production in the nation

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Definitions:

Cloud

A technology enabling access to computing resources, like servers, storage, and applications, over the internet rather than from local hardware.

Internet

A vast network of computers connected globally that facilitates data exchange, communication, and access to information.

Offsite Location

A location that is physically separate from the main site of business, often used for backup, storage, or remote work arrangements.

Disk Cleanup Utility

A software tool that helps free up disk space by removing unnecessary files from a computer's hard drive.