What Are Value Drivers

question 93

Multiple Choice

What are value drivers?

• A)a set of factors (analogous to cost drivers)that are particularly effective in having a strong differentiation effect
• B)a firm's hidden success factor for creating over-the-top product features that will command the highest price in the industry
• C)a technique for easily identifying factors that validate a firm's performance
• D)a set of factors that verify the unique nature of a firm
• E)a set of guidelines for identifying the most promising upscale attributes to incorporate into a product

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Definitions:

Statute of Frauds

A legal principle requiring certain contracts to be written and signed to be enforceable.

Executor

A person named in a will or appointed by a court to administer the estate of a deceased person.

Liquidated

The process of converting assets into cash, often referring to the disbanding of a company and selling off its assets.

Reimbursed

The process of compensating someone for an expense they have incurred.