Under Which of the Following Conditions Is a Competitive Attack

question 51

Multiple Choice

Under which of the following conditions is a competitive attack by the stronger of two rivals more likely to produce sustained competitive advantage for that rival?

• A)high market commonality  
• B)high competitive autonomy  
• C)high resource similarity  
• D)low resource similarity

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Definitions:

Financing Activity

Refers to transactions and events that affect long-term liabilities and equity of a company, including securing loans and issuing shares.

Investing Activity

Financial actions related to the acquisition and disposal of long-term assets and other investments not considered as cash equivalents.

Mortgage Payable

A long-term liability representing the amount owed on a property mortgage, which is to be paid back over a period.

Noncash Investing

Investing activities that do not involve cash transactions, often including exchanges of noncash assets or liabilities for other noncash assets or liabilities.