Which of the Following Is NOT Accurate as Concerns a Distinctive

question 79

Multiple Choice

Which of the following is NOT accurate as concerns a distinctive competence?

• A) A distinctive competence is a competitively important activity that a company performs better than its rivals.
• B) A distinctive competence is typically less restrictive for rivals to copy than a core competence.
• C) A distinctive competence can be a basis for sustainable competitive advantage.
• D) A distinctive competence qualifies as a superior internal strength.
• E) A distinctive competence enables delivering stand-out value to customers (in the form of lower prices, better product performance, or superior service).

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Definitions:

Political Environment

Refers to the government actions, policies, and political stability of a country that can affect its business operations and markets.

Market Segments

Groups of potential customers with similar needs, preferences, or characteristics that a company targets with specific marketing strategies.

Latent Needs

Desires or requirements of consumers that they are themselves not aware of.

Consumer Buying Habits

Patterns and behaviors that consumers exhibit in the search for, purchase, use, and disposal of products and services.