Which of the Following Statements Is True

question 72

Multiple Choice

Which of the following statements is true?

• A) A strength is not always a source of competitive advantage
• B) Strengths are synonymous with competitive advantage
• C) Every company resource or capability is a strength and leads to competitive advantage
• D) Strengths are always inimitable

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Definitions:

Effective Cost

Effective Cost is the total cost of a product or service once all relevant factors, including hidden costs and indirect expenses, are considered.

Loan

is a sum of money borrowed that is expected to be paid back with interest.

Receivables

Money owed to a business by its customers for goods or services that have been delivered or sold but not yet paid for.

Unsecured

Refers to a loan or credit that is not backed by collateral, meaning the lender takes on more risk and relies on the borrower's creditworthiness.