To Create a Competitive Advantage That Is Sustainable Over Time,the

question 4

Multiple Choice

To create a competitive advantage that is sustainable over time,the international company should try to develop competencies that

• A) create value for customers and for which they are willing to pay.
• B) are easy to imitate or substitute for.
• C) are expensive to develop and maintain.
• D) are not critical to successful penetration of international markets.
• E) imitate those of market leaders.

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Definitions:

Inductive Approach

A reasoning process that involves making broad generalizations from specific observations.

Deductive Outline

A structured format for organizing information that starts with general statements or conclusions and proceeds to specific details or examples.

Closing Paragraph

The final section of a text that summarizes the main points discussed, restates the thesis in a new light, and provides closure to the narrative.

Forward-looking Idea

A concept or plan focused on future developments or innovations rather than current or past situations.