Which Statement Regarding Competitive Advantages Is True

question 51

Multiple Choice

Which statement regarding competitive advantages is true?

• A) With an overall cost leadership strategy, firms need not be concerned with parity on differentiation.
• B) If several competitors pursue similar differentiation tactics, they may all be perceived as equals in the mind of the consumer.
• C) In the long run, a business with one or more competitive advantages is probably destined to earn normal profits.
• D) Attaining multiple types of competitive advantage is a recipe for failure.

---

Definitions:

Nerve Damage

Injury or impairment to nerves that can result in loss of sensation, movement, or other functions.

Head Control

The ability to hold and move one's head in a stable and directed manner, a developmental milestone in infants.

Neck Muscles

A group of muscles in the neck area that support the head, assist in movement, and aid in functions such as swallowing and speaking.

Mental Age

A measure of an individual's intellectual capacity compared to the average intellectual capacity of individuals in the same age group.