Which of the Following Scenarios Illustrates a Firm That Has

question 40

Multiple Choice

Which of the following scenarios illustrates a firm that has a sustainable competitive advantage?

• A) Newon Inc. generated a revenue of $300,000 this financial year, which is close to the industrial revenue average of $320,000.
• B) SM Inc. almost doubled its sales to 8500 units this year compared to its previous year's sales of 5000 units, though the industry average is 10,000 units.
• C) TrueLink Corp. was able to hold its market share of 68 percent in the social networking industry for more than three years.
• D) Max Electrova Inc. was able to outperform its competitors with its new production system, in terms of revenue, for a brief period of four months.

Distinguish between ethical relativism and ethical imperialism.

Grasp the concept of ethical behavior and its cultural context dependence.

Understand the role of ethical frameworks and spotlight questions in ethical decision-making.

Comprehend the factors influencing ethical managerial behavior, including personal, organizational, and external factors.

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Definitions:

White Pulp

A specialized tissue in the spleen composed mainly of lymphocytes and involved in the immune response.

Capsule

A fibrous, protective covering or layer, frequently surrounding organs or joints.

Qualitative Forecasting

A forecasting method that relies on expert opinions, market research, and comparative analysis rather than numerical data.

Market Intelligence

Information relevant to a company’s markets, gathered and analyzed specifically for the purpose of accurate and confident decision-making in determining market opportunity, market penetration strategy, and market development metrics.