While There Are Many Routes to Competitive Advantage,they All Involve

question 63

Multiple Choice

While there are many routes to competitive advantage,they all involve

• A) building a brand name image that buyers trust.
• B) delivering superior value to buyers and building competencies and resource strengths in performing value chain activities that rivals cannot readily match.
• C) achieving lower costs than rivals and becoming the industry's sales and market share leader.
• D) finding effective and efficient ways to strengthen the company's competitive assets and to reduce its competitive liabilities.
• E) getting in the best strategic group and dominating it.

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Definitions:

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess the profitability of investments.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity and operational efficiency.

Discount Rate

In discounted cash flow analysis, it's the rate employed to calculate the present value of anticipated cash flows.

Net Present Value

The discrepancy between the current value of incoming cash and the current value of outgoing cash throughout a given timeframe.