A Competitive Advantage Becomes a Sustainable Competitive Advantage When Other

question 24

True/False

A competitive advantage becomes a sustainable competitive advantage when other companies have found it very expensive to duplicate the what the firm is providing to customers.

Appreciate the ecological roles of roots in plant survival and competition.

Describe the importance and mechanisms of symbiotic relationships involving roots.

Understand the concept and significance of scenario analysis in strategic planning.

Identify and differentiate between the key elements involved in scenario analysis, such as drivers, strategies, and tactics.

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Definitions:

M&M Theory

Modigliani and Miller's theory positing that in an ideal market, a company's value is unaffected by how it is financed, whether through debt or equity.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity which funds its overall operations and growth.

Total Cash Flows

The total sum of cash and cash-equivalents moving into and out of a company.

Capital Structure

The particular combination of debt and equity used by a firm to finance its overall operations and growth.