A Company's Value-Creating Activities Can Offer a Competitive Advantage in One

question 136

Multiple Choice

A company's value-creating activities can offer a competitive advantage in one of two ways:

• A) contribute greater efficiency and lower costs and provide a basis for differentiation.
• B) contribute expense savings and enhance product exclusivity.
• C) reduce cost disadvantages and market price anomalies.
• D) contribute customer experience value and conserve operating functionality.
• E) contribute to competitive assets and continue distinctive competencies.

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Definitions:

Farm Equipment

Machinery and tools used in the farming industry for the purposes of planting, harvesting, and caring for crops.

Net Exports

The difference between the value of a country's exports and the value of its imports.

Saving

The act of putting money aside, typically in a secure place, for future use or investment.

Domestic Investment

The total capital expenditure on physical assets (like buildings, machinery, and equipment) within a country's borders to produce goods and services.