Which of the following statements is true of a sustainable competitive advantage?
A. It cannot be maintained over a long period of time.
B. It can be achieved by reducing the price of the product.
C. It can only be maintained over a short period of time.
D. It can be easily copied by the competitors.
E. It is not easily copied by the competitors.
Answer: E
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A. Showing compassion B. Conducting a follow-up C. Taking immediate action D. Providing compensation
Which of the following is NOT a reason why inventory is a complex accounting and auditing area?
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A(n) ________ is an example of equity securities.
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