Which of the Following Is Most Likely to Be a Source

question 2

Multiple Choice

Which of the following is most likely to be a source of sustainable competitive advantage?

• A)A state-of-the art machine that a firm purchases from a supplier
• B)A new product
• C)A research and development process
• D)A plant design
• E)A new service

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Definitions:

Monthly Cost

The total amount of expenses incurred by an individual, household, or organization within a month.

State Supported

Institutions or activities receiving financial assistance from the government, which can include educational establishments, public services, or infrastructure projects.

Confidence Interval

A range of values, derived from sample statistics, that is believed, with a certain level of confidence, to contain the value of an unknown population parameter.

Standard Deviation

A measure of the amount of variation or dispersion in a set of values, frequently used in statistics to gauge the spread of a dataset.