When Competitive Advantage Is Cost- or Price-Based,it Is Necessary to Know

question 76

Multiple Choice

When competitive advantage is cost- or price-based,it is necessary to know the ________ to be sure that you can compete on this basis by matching price cuts.

• A)cost of raw materials
• B)economic conditions
• C)inflation rates
• D)competitor's costs

---

Definitions:

Common Stock

A type of equity security that represents ownership in a corporation, usually carrying voting rights.

Shares Outstanding

Shares outstanding refer to the total number of a company's shares that are currently held by all its shareholders, including share blocks held by institutional investors and restricted shares.

Shares Issued

The total number of shares that have been allocated to shareholders and company officers.

Paid-In Capital

This refers to the total amount of cash and other assets received from shareholders in exchange for stock.