What is a competitive advantage?

A. A product that an organization's customers place a lesser value on than similar offerings from a competitor.
B. A service that an organization's customers place a lesser value on than similar offerings from a supplier.
C. A feature of a product or service on which customers place a lesser value than they do on similar offerings from a supplier.
D. A feature of a product or service on which customers place a greater value than they do on similar offerings from competitors.


Answer: D

Business

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Flows??????? What will be an ideal response?

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Use the information in Table 10.10. What is the average past due (in days) using the EDD rule?

A) fewer than or equal to 2 days B) greater than 2 days but fewer than or equal to 3 days C) greater than 3 days but fewer than or equal to 4 days D) greater than 4 days

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Ethics can provide a strategic advantage for companies

Indicate whether the statement is true or false

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One of the fundamental realities of starting a new business is that it takes a period of time for the new venture to ramp up sales and then to obtain cash from those sales.

Answer the following statement true (T) or false (F)

Business