Although There Are Many Routes to Competitive Advantage,the Two Biggest

question 32

Multiple Choice

Although there are many routes to competitive advantage,the two biggest factors that distinguish one competitive strategy from another are

• A)whether a company's overall costs are lower than a competitors' and whether the company can achieve strong product differentiation.
• B)whether a company can offer the lowest possible prices and whether the company can get the best suppliers in the market.
• C)whether a company's target market is broad or narrow and whether the company is pursuing a low cost or differentiation strategy.
• D)whether a company can achieve lower costs than its rivals and whether the company is pursuing the industry's sales and market share leader's role.
• E)whether a company can build a brand name and an image that buyers trust.

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Definitions:

Premium

The amount by which the price of a bond or stock exceeds its principal or par value, or the payment above the risk-free rate made for an insurance policy.

Expiration Date

The date on which an option, futures contract, or other derivative expires and becomes void.

MBI Stock

This term does not seem to reference a commonly recognized financial instrument or concept; it might refer to the stock of a specific company identified by the acronym MBI, but without further context, a detailed definition cannot be provided.

Futures Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy an underlying asset at a specified price on or before a certain date.