A __________ is anything that gives a firm an edge over rivals in attracting customers and defending itself against competition.
A. cultural privilege
B. business bias
C. personal talent
D. competitive advantage
E. monopoly
Answer: D
You might also like to view...
The standard capacity of a factory is 9,00 . units per month. Cost and production data follow: Standard application rate for fixed factory overhead for 9,00 . units $2.00 Standard application rate for variable factory overhead for 9,00 . units .50 Actual number of units produced 8,800 Actual factory overhead incurred $22,700 What is the amount of overhead allowed for the actual volume of
production? a. $22,000 b. $22,400 c. $22,500 d. $22,700
The U.S. retailer with the highest annual dollar advertising expenditure is _____
a. Wal-Mart b. Home Depot c. Sears d. Kmart
Which of the following customer needs will cause implied uncertainty of demand to increase?
A) Product margin B) Lead time decreases C) Average stockout rate D) Average forced season end markdown
Which of the following companies uses a transaction fee revenue model?
A) Yahoo B) E*Trade C) Twitter D) Sears