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:

Abstract

A brief summary of a research article, thesis, review, conference proceeding or any in-depth analysis of a particular subject or discipline.

Research Project

A systematic investigation undertaken to acquire knowledge and understanding on a particular subject or phenomenon.

Naturalistic Observation

A research method wherein subjects are observed in their natural environment without any manipulation by the observer, allowing for the study of behavior in its natural setting.

Jane Goodall

A British primatologist and anthropologist known for her extensive study of chimpanzee social and family life in Gombe Stream National Park, Tanzania.