Which of the Following Scenarios Illustrates a Firm That Has

question 4

Multiple Choice

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

• A) Jamison Inc. generated revenue of $300,000 this financial year, which is close to the industrial revenue average of $320,000.
• B) CR Inc. almost doubled its sales to 9,000 units this year compared to its previous year's sales of 5,000 units, though the industry average is 10,000 units.
• C) Zhang Corp. was able to hold its market share of 68 percent in the social networking industry for more than three years.
• D) Peak Inc. was able to outperform its competitors with its new production system, in terms of revenue, for a brief period of four months.

---

Definitions:

Justice

The principle of fairness where individuals are treated ethically and without bias, accorded their due rights and punishment.

Fair Distribution

The equitable allocation of resources or opportunities among members of a group.

Non-Maleficence

A fundamental principle in bioethics that obligates healthcare providers to avoid causing harm to patients.

Causing Harm

The act of causing physical, psychological, or emotional injury or damage to individuals or groups.