A Company That Has Competitive Assets That Are Central to Its

question 119

Multiple Choice

A company that has competitive assets that are central to its company strategy and superior to those of rival firms creates a

• A)long-term derivative strategy.
• B)cash flow feasibility analysis.
• C)competitive advantage over other companies.
• D)resource deployment strategic plan.
• E)cost underestimation and benefit overestimation.

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Definitions:

Behavioural Decision Model

suggests that decision-making processes are influenced by cognitive biases, emotions, and social influences rather than being purely rational or logical.

Risk And Uncertainty

The exposure to the possibility of loss or damage and the lack of predictability in events or outcomes, respectively.

Optimizing Decision

The process of finding the most efficient, effective, or achievable decision under the given constraints, often using rigorous methods of analysis.

Absolute Best

The highest possible standard or quality that can be achieved in a specific context.