Kim's T-Shirt Factory Was Expert at Providing Unique and High-Quality

question 44

Multiple Choice

Kim's T-shirt factory was expert at providing unique and high-quality but costly shirts.Even though the designs were very nice and the amount of detail increased over time,the high price meant that few customers bought shirts from her and her factory went bankrupt.Kim's factory failed due to

• A) inertia.
• B) prior strategic commitments.
• C) the Icarus paradox.
• D) lack of distinctive competencies.
• E) lack of capabilities.

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Definitions:

Disputes

Conflicts or arguments between parties that may require resolution through negotiation or legal means.

Contract

A legally binding agreement between two or more parties, enforceable by law.

Direct Examination

The initial phase of questioning in a trial where the attorney questions their own witness to establish the facts.

Cross-Examination

The questioning of a witness in a court of law by the party opposed to the one who produced the witness, aimed at assessing credibility or challenging the testimony.