Which of the Following Represents a Reason That Competitive Advantages

question 185

Multiple Choice

Which of the following represents a reason that competitive advantages are typically temporary?

• A)The competitor will hire away your key employees.
• B)The competitor quickly seeks ways to duplicate your business operations.
• C)The competitor will purchase new technology.
• D)All of these.

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Definitions:

Weighted Total

A method to calculate an overall score by applying different weights to various components according to their importance.

Holding Cost

The expenses incurred for storing and maintaining unsold inventory, including storage, insurance, taxes, and opportunity costs.

Winnipeg

The capital and largest city of Manitoba, Canada, known for its cultural diversity and historical significance.

Holding Cost

The expenses associated with storing unsold goods or materials, including warehousing, insurance, depreciation, and opportunity cost.