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.

Distinguish between the legal and illegal practices of unions and employers in the context of union organizing, bargaining, and political activities.

Comprehend the requirements for union and employer conduct during labor disputes, including the limitations on strike actions and boycotts.

Understand the role of federal agencies, such as the Federal Mediation and Conciliation Service, in facilitating labor dispute resolution.

Understand the historical development of labor laws in the United States.

---

Definitions:

Economic Topics

Economic Topics are issues or subjects related to the production, distribution, and consumption of goods and services.

Redistribution of Income

Government policies or mechanisms aimed at reducing income inequality by reallocating wealth and income from richer to poorer segments of society.

Taxpayers

Individuals or entities that are obligated to pay taxes to federal, state, or local governments.

Trade Barriers

Measures introduced by governments to restrict or control international trade, such as tariffs, quotas, and import bans.