Hyundai Overcame the Most Difficult Competitive Advantages Held by the Incumbent

question 15

Multiple Choice

Hyundai overcame the most difficult competitive advantages held by the incumbent automakers by

• A)recruiting experts from other auto companies.
• B)benchmarking the key capabilities needed to succeed, then making clear commitments to achieve them.
• C)making long-term financial and business commitments to the auto industry.
• D)all of the above.

---

Definitions:

Commercial Value

The monetary or economic worth of a product, service, or brand in the marketplace.

Paraphrasing

The process of restating another person's ideas or information in one's own words without altering the original meaning.

Business Language

Specialized terminology or jargon used within the business sector to facilitate clear and efficient communication.

Reliable

The quality of being consistently good in quality or performance, able to be trusted.