A Unique Strength Relative to Competitors That Provides Superior Returns

question 293

Multiple Choice

A unique strength relative to competitors that provides superior returns, often based on quality, time, cost, or innovation is referred to as

• A)creative advantage.
• B)marketing edge.
• C)distinct competency.
• D)competitive advantage.
• E)derived benefit.

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Definitions:

Net Float

The difference between checks written and deposited but not yet cleared, affecting a company's available cash balance.

Deposited

The act of placing money into a financial account or institution for safekeeping or to earn interest.

Cheques

Non-cash forms of payment that order a bank to pay a specific amount of money from a person's account to another individual or company's account.

Lockbox System

A service offered by banks to companies for the collection of payments from customers, utilizing a special post office box to speed up the deposit of checks.