A Competitive Strategy Is

question 23

Multiple Choice

A competitive strategy is

• A)is the development of a price fixing arrangement.
• B)the development of a distinctive capability.
• C)a rent-seeking strategy.
• D)a path to accounting profits.

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Definitions:

Certificate Of Deposit

A savings certificate with a fixed maturity date and specified fixed interest rate that is issued by a bank.

Note

A promise by the maker of the note to pay the payee of the note.

Bank

A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals and businesses.

Negotiable Instruments

Financial documents that guarantee the payment of a specified sum of money, either on-demand or at a set time.