All of the Following May Lead to a Competitive Advantage

question 54

Multiple Choice

All of the following may lead to a competitive advantage except:

• A) less expensive suppliers.
• B) better employees.
• C) fewer products.
• D) superior products.

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Definitions:

Democracy

A political system characterized by citizen participation in the political process.

Anarchy

A state of society without government or law, where there is no centralized authority, often implying disorder due to the absence of government control.

Autocracy

A form of government where power is concentrated in the hands of a single individual or a small group, without significant input from citizens.

Monarchy

A form of government in which a single person, the monarch, rules until death or abdication, and the position is usually inherited.