A Creative,distinctive Strategy That Delivers a Sustainable,competitive Advantage Is Important

question 4

Multiple Choice

A creative,distinctive strategy that delivers a sustainable,competitive advantage is important because

• A)without a proven strategy,a company is likely to fall into bankruptcy.
• B)without a competitive advantage,a company cannot have a profitable business model.
• C)a strategy that yields a competitive advantage over rivals is a company's most reliable means of achieving above-average profitability and financial performance.
• D)a competitive advantage is what enables a company to achieve its strategic objectives.
• E)how a company goes about trying to please customers and outcompete rivals is what enables senior managers to choose an appropriate strategic vision for the company.

Discuss the implications of IP law in the digital age and on the internet.

Recognize the role of alternative dispute resolutions in IP conflicts.

Analyze the impact of IP laws on innovation and creativity.

Understand the concept of moral rights and how they are protected under copyright law.

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Definitions:

Accrued Interest

Interest that has accumulated on a loan or bond since the last payment date but has not yet been paid out.

Commission

A fee paid to an agent or employee for transacting a sale, which is typically a percentage of the sale price.

Accrued Interest

Interest that has accumulated over a certain period but has not yet been paid or received.

Interest Rate

The percentage of a sum of money charged for its use, determining the cost of borrowing or the return on savings.