Which of the Following Statements About the Sources of Competitive

question 54

Multiple Choice

Which of the following statements about the sources of competitive advantage is true?

• A) The best companies choose one source of competitive advantage and perfect it.
• B) Managing the sources of competitive advantage is a zero-sum game where one source improves at the expense of the other.
• C) It is possible to improve quality and also enhance speed.
• D) Outsourcing certain functions is likely to decrease innovation.
• E) The faster the product is provided, the more innovation suffers.

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Definitions:

Listening

The active process of receiving, interpreting, and responding to verbal and non-verbal messages.

Visual Aids

Tools such as charts, diagrams, videos, and models used to enhance understanding or retention of information.

Salespeople

Professionals engaged in the selling of goods or services, typically working to meet sales targets and interact with customers.

KISS Rule

"Keep It Simple, Stupid" rule advises that simplicity should be a key goal in design and unnecessary complexity should be avoided.