Which of the Following Statements Is Most Correct

question 95

Multiple Choice

Which of the following statements is most correct?

• A) Key success factors (KSFs) are often necessary, but not sufficient for competitive advantage.
• B) Key success factors (KSFs) are often sufficient, but not necessary for competitive advantage.
• C) Key success factors (KSFs) are neither necessary nor sufficient for competitive advantage.
• D) Key success factors (KSFs) are both necessary and sufficient for competitive advantage.
• E) None of the above statements are correct.

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Definitions:

Firm's Product Line

The range of products or services offered by a company, encompassing various goods within the same category.

Customer Relationship Marketing

A marketing strategy focused on building and maintaining long-term, personal relationships with customers.

Intimate Friendship

An intimate and personal bond marked by strong love, confidence, and reciprocal comprehension.

Business Friendship

A professional relationship that incorporates mutual respect, trust, and personal interest, enhancing collaboration.