When It Is Difficult or Impossible to Out-Strategize Rivals (Beat

question 106

Multiple Choice

When it is difficult or impossible to out-strategize rivals (beat them with a superior strategy) , the other main avenue to competitive advantage is to

• A)do a better job of empowering employees and flattening the organization structure.
• B)outcompete rivals with a stronger corporate culture.
• C)out-execute them (beat them by performing certain value chain activities in superior fashion).
• D)beat them with a healthy corporate culture based on such core values as high ethical standards, a strong sense of corporate social responsibility, and genuine concern for customer well-being.
• E)institute a more motivating and cost-efficient compensation and reward system.

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Definitions:

Bimodal

Characterized by or having two distinct modes or peaks in a distribution or set of data.

Taxable Income

The amount of an individual's or a corporation's income that is subject to taxation by government authorities.

Progressive

Refers to a type of tax system in which tax rates increase as the taxable amount increases.

Regressive

Refers to systems, especially tax systems, where the rate decreases as the amount subject to taxation increases, placing more of a burden on low-income earners.