A Competitive Advantage Based on Inimitability Can Be Sustained for at Least

question 54

Multiple Choice

A competitive advantage based on inimitability can be sustained for at least some time,if it has the following characteristics:

• A) psychographic uniqueness, path dependency, causal ambiguity, and substitutability.
• B) physical uniqueness, path dependency, causal ambiguity, and social complexity.
• C) rarity, path dependency, causal ambiguity, and social substitutability.
• D) geographic uniqueness, cause dependency, social ambiguity, and path complexity.

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Definitions:

Plantwide Overhead Rate

A single overhead rate calculated by dividing total indirect costs by total base units, used throughout an entire manufacturing plant.

Manufacturing Overhead

All indirect costs associated with manufacturing, not including direct materials and direct labor.

Plantwide Overhead Rate

A single overhead rate calculated by dividing total factory overhead by a base, used throughout a manufacturing plant for allocating overhead costs to products.

Activity-Based Costing

A method of cost accounting that assigns costs to products or services based on the resources they consume.