In Order to Achieve a Competitive Advantage,a Firm Should Be

question 13

Multiple Choice

In order to achieve a competitive advantage,a firm should be able to

• A) increase its payable turnover.
• B) keep its producer surplus low.
• C) increase the difference between the value created and the cost to produce it.
• D) increase the difference between consumer surplus and its profits.

---

Definitions:

Bandwidth

The maximum rate of data transfer across a given path or internet connection, measured in bits per second (bps).

Wireless Network Key

A password or passphrase used to secure and access a wireless network.

Encrypt

The process of converting data or information into a code, especially to prevent unauthorized access.

Firewall

A security system for networks that monitors and controls incoming and outgoing network traffic based on predetermined security rules.