Zara Holds a Competitive Advantage Over Its Rivals in Spite

question 41

Multiple Choice

Zara holds a competitive advantage over its rivals in spite of:

• A) refusing to implement technology in its operational model.
• B) conducting business only through online storefronts.
• C) its globally distributed contract manufacturing model.
• D) operating through fewer stores across the world than its closest rivals.
• E) Keeping large portions of its production processes in-house.

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Definitions:

Independent Samples

Two or more groups of samples that are not related or connected in any way in the context of an experiment or study.

Relative Frequency Distributions

A distribution where each value is expressed as a relative frequency or proportion of the total number of occurrences.

Normal Approximation

The process of using the normal distribution to approximate the distribution of a sample statistic.

Standardized Test Statistic

A statistic that has been transformed to have a mean of zero and a standard deviation of one, used in hypothesis testing.