Competitive Advantage Is Established by Providing

question 74

Multiple Choice

Competitive advantage is established by providing

• A)more customer products than competitors.
• B)better quality than competitors.
• C)greater customer value for less cost than competitors.
• D)greater efficiencies than competitors.

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Definitions:

Long-Term Obligations

Financial commitments or debts that are due for repayment beyond the current fiscal year.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors from fraudulent financial reporting by corporations.

Internal Controls

Internal controls are processes and procedures implemented by organizations to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Internal Controls

Procedures and mechanisms implemented by a company to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.