Which One of the Following Is Inaccurate as Concerns a Distinctive

question 22

Multiple Choice

Which one of the following is inaccurate as concerns a distinctive competence?

• A) A distinctive competence is a competitively important activity that a company performs better than its competitors.
• B) A distinctive competence is typically less difficult for rivals to copy than a core competence.
• C) A distinctive competence can be a basis for sustainable competitive advantage.
• D) A distinctive competence can underpin and add real punch to a company's strategy.
• E) A distinctive competence gives a company competitively valuable capability that is unmatched by rivals.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping.

Supply Curve

A graph showing the relationship between the price of a good and the quantity of that good that suppliers are willing to sell at each price level.

Elastic

Describes a situation in which the quantity demanded or supplied of a good or service changes significantly in response to a change in price.

Total Revenues

The total amount of income generated by the sale of goods or services related to a company's primary operations.