A company that sells paper stationery made of recycled materials, which no other paper manufacturing company in the market has the ability produce, has a competitive advantage

Indicate whether the statement is true or false
a. True
b. False


ANSWER: True

A sustainable competitive advantage is one that cannot be copied by the competition. The key to having a competitive advantage is the ability to sustain that advantage.

Business

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When a food safety inspector enters your establishment, you should:

a Get out of his way and stay in another room until he is gone b. Make sure you have a good excuse for any possible violation c. Tell him to come back when your supervisor is there d. Accompany him/her around the kitchen and be as open as possible

Business

A nolo contendere plea can be used as evidence of liability against the accused at a subsequent civil trial

Indicate whether the statement is true or false

Business

Immediately after every presentation, evaluate your performance so you can pinpoint what worked and what didn't work

Indicate whether the statement is true or false

Business

The reliability of a system in which each individual component must function in order for the entire system to function, and in which each component has its own unique reliability, independent of other components, is the product of the probabilities

of each of those components. Indicate whether the statement is true or false

Business