With Regards to the Value Chain,an Organization Can Develop a Competitive

question 31

Multiple Choice

With regards to the value chain,an organization can develop a competitive advantage:

• A)In any of the basic or support activities
• B)In the way basic and support activities are combined
• C)In the way internal activities are linked to the external environment
• D)Through activities that create value for the customer
• E)All of these are ways to develop a competitive advantage

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Definitions:

Balance Sheet

A summarization capturing the value of assets, liabilities, and equity from shareholders of a company at an exact moment.

Income Statement

A financial statement that shows a company's revenues, expenses, and profit over a specific period.

Cost Principle

An accounting principle that requires assets, liabilities, equity, and expenses to be recorded at their original cost.

Market Value

The market's current rate for transactions involving the purchase or sale of an asset or service.