Which of the Following Examples Displays a Firm with a Competitive

question 43

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:

Lowest Boiling Point

The temperature at which a substance transitions from a liquid to a gas state, being the lowest among a group of substances.

T-butyl Chloride

A compound consisting of a tertiary butyl group attached to a chlorine atom, used in organic synthesis, particularly in nucleophilic substitution reactions.

N-butyl Iodide

An organic compound with the chemical formula CH3(CH2)3I, used in organic synthesis.

Carbocation

A positively charged ion (cation) in which the charge is on a carbon atom, often an intermediate in organic reactions.