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:

ABA

American Bar Association, a professional organization for lawyers in the United States.

Reasonable Remedial Measures

Actions or interventions deemed appropriate and fair to correct a problem, address a wrongdoing, or provide relief and justice in a given situation.

Model Rule 3.3

Refers to a specific ethical guideline in legal practice that mandates attorneys to not knowingly make false statements of fact or law to a court or fail to correct false statements of material fact or law previously made.

Model Rule 1.16

A provision within the American Bar Association's Model Rules of Professional Conduct that outlines the circumstances under which a lawyer may withdraw from representing a client.