A creative, distinctive strategy that delivers a sustainable competitive advantage is important because
A. without a competitive advantage a company cannot become the industry leader.
B. how a company goes about trying to please customers and outcompete rivals is what enables senior managers to choose an appropriate strategic vision for the company.
C. without a competitive advantage a company is likely to fall into bankruptcy.
D. a competitive advantage is what enables a company to achieve its strategic objectives.
E. crafting a strategy that yields a competitive advantage over rivals is a company's most reliable means of achieving above-average profitability and financial performance.
Answer: E
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What will be an ideal response?
The reasonableness of a price-fixing agreement is never a defense.
Answer the following statement true (T) or false (F)
Promises to make charitable subscriptions
a. are exempted from the necessity of consideration. b. are not legally enforceable. c. are based on promissory estoppel. d. may not be valid unless large sums of money are involved.