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Question
Anything that a firm does especially well compared to rival firms is referred to as
A) competitive advantage.
B) comparative disadvantage.
C) opportunity cost.
D) unsustainable advantage.
E) an external opportunity.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Opportunity analysis is one of the basic functions of
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B) finance/accounting.
C) computer information systems.
D) production/operations.
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In the BCG Matrix, a division with a high relative market share position in a low-growth industry can be described as a
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Forward integration strategy is especially effective when the availability of quality distributors is so limited as to offer a competitive advantage to those firms that integrate forward.
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Since a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously.
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