A Sound Competitive Strategy Rests on

question 26

Multiple Choice

A sound competitive strategy rests on

• A) operational excellence
• B) financial stability
• C) unique capabilities
• D) benchmarking

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Definitions:

Dimensional Analysis

A mathematical technique used to convert one set of units to another, maintaining the same physical quantity.

Operating Activity

Activities that constitute the primary or core business functions of an entity, including production, distribution, and sales, affecting the operational cash flows.

Accounts Payable

Liabilities of a business that are due to be paid to creditors within a certain period.

Long-Term Debt

Financial obligations of a company that are due more than one year in the future, often used for significant projects or to purchase assets.