Which of the Following Companies Has a Competitive Advantage

question 15

Multiple Choice

Which of the following companies has a competitive advantage?

• A) World Wrestling Entertainment (formerly the World Wrestling Federation)holds the trademark on the names of the wrestlers that participate in the company's wrestling matches.
• B) Netcentives holds the patent on software that allows merchants to distribute loyalty points online.
• C) DeBeers diamonds controls 90 percent of the world's diamond mines.
• D) Mildred's Café makes the world's best pecan pie.
• E) All of the choices have a competitive advantage.

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Definitions:

Encourage Innovation

The act of motivating and promoting creative thinking and the development of new ideas, products, or ways of doing something.

Organizational Culture

Organizational culture consists of the values, beliefs, behaviors, and norms that characterize an organization and shape its members' actions and interactions.

Performance

The act of carrying out or accomplishing an action, task, or function, often measured against pre-determined standards or objectives.

Corporate Culture

The collective principles, convictions, and habits that form the sociocultural and psychological backdrop of a corporate entity.