A Creative,distinctive Strategy That Sets a Company Apart from Rivals

question 26

Multiple Choice

A creative,distinctive strategy that sets a company apart from rivals and that gives it a sustainable competitive advantage

• A) is a reliable indicator that the company has a profitable business model.
• B) is a company's most reliable ticket to above-average profitability.
• C) signals that the company has a bold,ambitious strategic intent that places the achievement of strategic objectives ahead of the achievement of financial objectives.
• D) is the best indicator that the company's strategy and business model are well-matched and properly synchronized.
• E) All of these.

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Definitions:

Substitute Goods

Products or services that can be used in place of each other, where the increase in the price of one leads to an increase in demand for the other.

Independent Goods

Products whose demand is not influenced by the price or availability of other goods.

Substitute Goods

Products or services that can be used in place of each other, serving similar needs or purposes for consumers.

Income Elasticity Coefficient

A measure that shows how much the demand for a good or service changes in response to a change in consumers' income.