Zara is a women's clothing retailer headquartered in Spain, with stores located in many countries. Zara has developed a "quick response" system that allows store merchandise to be adjusted rapidly to fit changing customer preferences. Every aspect of Zara's operation is optimized for this system, making it difficult for competitors like The Gap to duplicate. Zara has established
A. locational excellence.
B. a sustainable competitive advantage.
C. customer loyalty.
D. a related diversification opportunity.
E. a diversification growth strategy.
Answer: B
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Answer the following statement true (T) or false (F)
Inatech is contemplating two different projects and decides to perform a financial analysis to determine which is more financially lucrative
Project A and B have the cash flows as shown and Inatech uses a required rate of return of 10% and an inflation rate of 4%. Compute the payback in years and the net present value for both projects and offer advice as to the best course of action. Year A B 0 -$250,000 -$400,000 1 $75,000 $125,000 2 $155,000 $230,000 3 $200,000 $288,000 4 $175,000 $265,000 5 $160,000 $225,000
Which of the following statements is INCORRECT regarding the rights of shareholders? I. voting power on major issues and ownership in a portion of the company II. right to transfer ownership and dividend entitlement III. hire and fire management and select and appoint a chief executive
a. I and II b. I, II, and III c. I only d. III only
Ethics is the study of right and wrong and of the morality of the choices we make.
Answer the following statement true (T) or false (F)