Which of the Following Examples Displays a Firm with a Competitive

question 114

Multiple Choice

Which of the following examples displays a firm with a competitive advantage achieved through quality?

• A) an organization that is famous for its durable products
• B) a corporation that reduces its expenses by finding new production processes
• C) a firm that delivers goods and services faster than its competitors
• D) an organization that gains profits by charging less prices
• E) a company that tailors its goods and services to fit consumer needs and preferences

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Definitions:

Conscious

Awareness of one's own existence, sensations, thoughts, and surroundings.

Problem-focused

A coping mechanism that aims to address the root cause of a stressor or problem directly, rather than dealing with its symptoms.

Dream Theory

A collection of hypotheses that attempt to explain why we dream and what functions those dreams may serve.

Waking Life

A 2001 animated film directed by Richard Linklater that explores philosophical concepts through a series of interconnected vignettes.