Which of the Following Most Accurately Reflect a Company's Resource

question 10

Multiple Choice

Which of the following most accurately reflect a company's resource strengths?

• A) Its core competencies,competitive capabilities,and valuable intangible assets
• B) The sizes of its unit sales,revenues,and market share vis-à-vis those of key rivals
• C) The sizes of its profit margins and return on investment vis-à-vis those of key rivals
• D) Whether it has more primary activities in its value chain than close rivals and a better overall value chain than these rivals
• E) Whether it has a more profitable business model than close rivals

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Definitions:

NAFTA

The North American Free Trade Agreement (NAFTA) was a treaty among the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries, in effect from 1994 to 2020.

Trade Deficit

A scenario in which a nation's expenditure on imported goods and services surpasses its revenue from exports, resulting in a greater outflow of money than inflow.

Trade Surplus

A situation in which a country exports more goods and services than it imports.

GATT Negotiations

Series of negotiations under the General Agreement on Tariffs and Trade aimed at reducing trade barriers and promoting international trade.