Why is sustainable competitive advantage so important to a winning business strategy?
What will be an ideal response?
Strategies that fail to achieve a durable competitive advantage over rivals are unlikely to produce superior performance for more than a brief period of time. Winning strategies enable a company to achieve a competitive advantage over key rivals that is long-lasting. The bigger and more durable the competitive advantage, the more powerful it is.
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Carpet World Inc reported the following information for 2016 and 2017. 2016 2017 Accounts receivable $51,000 $57,000 Inventories 42,000 39,000 Accounts payable 43,000 48,000 Net income 60,000 Depreciation expense 8,000 If Carpet World uses the indirect method to prepare the operating activities section of the statement of cash flows, what amount will be reported as net cash inflow from operating
activities for 2017? a. $64,000 b. $66,000 c. $68,000 d. $70,000
What are common descriptors of the phase after the change?
a. Feeling of guilt and alienation b. Achieving closure, adaption, and openness to the new reality c. Shock and numbness d. Happiness, gratefulness, and excitement
Choose the correct word or words in parentheses. Keith went (in, into) the library
There is never any income tax when an individual surrenders his life insurance contract
Indicate whether the statement is true or false