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:

Coastal Ports

Strategic geographic locations on coastlines where ships dock to load and unload goods and passengers, facilitating maritime trade.

International Shipping

The process of transporting goods across national borders, involving regulatory compliance and logistics management.

Real GDP

Real GDP, or Real Gross Domestic Product, measures the value of all goods and services produced by an economy in a specific period, adjusted for inflation, providing a more accurate representation of an economy's size and growth rate.

Standardized Shipping Containers

Uniformly sized containers used in global shipping, which simplify transportation, handling, and storage of goods.