A Creative and Distinctive Strategy That Sets a Company Apart

question 35

Multiple Choice

A creative and distinctive strategy that sets a company apart from rivals and that gives it a sustainable competitive advantage:

• A) is a reliable indicator that the company has a socially responsible business model.
• B) is achievable in emerging but not mature industries.
• C) Is a company's most reliable ticket to above-average profitability.
• D) signals that the company has a bold, ambitious strategic intent that places the achievement of strategic objectives ahead of the achievement of financial objectives.
• E) is the best indicator that the company's strategy and business model are well-matched and properly synchronized.

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Definitions:

Operating Costs

Expenses associated with the day-to-day functions of running a business, including costs for rent, utilities, payroll, and materials.

Demand Fluctuation

Variations in the demand for goods or services over time, which can be seasonal or influenced by external factors.

Supply Chain Decision

involves strategic and operational choices made to manage and control the flow of goods, information, and finances across the supply chain efficiently.

Prices

The amount of money required to purchase goods or services, often influenced by factors like supply and demand, production costs, and market competition.