One Way That a Firm Can Create a Sustainable Competitive

question 91

Multiple Choice

One way that a firm can create a sustainable competitive advantage is by:

• A) Managing value chain activities better than its rivals
• B) Cutting value chain support activities
• C) Reducing strategic activity systems relative to competitors
• D) Keeping activity systems static

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Definitions:

Firmware

A specific class of computer software that provides the low-level control for a device's specific hardware, typically embedded within the device.

Client/Server Network

A network design where client devices request services and resources from centralized server devices.

Peer-to-Peer Network (P2P)

A decentralized network architecture where each participant (or peer) shares a part of their resources directly with other network participants, without the need for centralized coordination.

Firewall

A security system that monitors and controls incoming and outgoing network traffic based on predetermined security rules.