Ask Question
BusinessBusiness
9 October, 06:22

One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off. Group of answer choices True False

+3
Answers (2)
  1. 9 October, 07:04
    0
    False

    Explanation:

    The five basic competitive dimensions are cost, quality, time, flexibility and innovation. If the company has greater control over these five thing, then it is more inclined towards the competitive advantage. Furthermore, the best trade off doesn't forms part of strategies that constitutes to competitive advantage.
  2. 9 October, 09:02
    0
    The statement is: False.

    Explanation:

    A competitive advantage is that one a firm has over its competitors. There are two different types of competitive advantage: comparative advantage refers to the ability of a business to manufacture a good or service at a lower cost; differential advantage is attributed to businesses when their goods or services are distinct from rivals because of certain unique features.

    Thus, making optimal trade-offs has nothing to do with the competitive advantage of a firm.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Kelli Blakely is a portfolio manager for the Miranda Fund, a core large-cap equity fund. The market proxy and benchmark for performance measurement purposes is the S&P 500.
Answers (1)
arter Company sells merchandise on account for $4,000 to Hannah Company with credit terms of 2/10, n/30. Hannah Company returns $600 of merchandise that was damaged, along with a check to settle the account within the discount period.
Answers (1)
The primary advantage to using accelerated rather than straight-line depreciation is that with accelerated depreciation the total amount of depreciation that can be taken, assuming the asset is used for its full tax life, is greater. a. True b.
Answers (1)
A company has the following loan activity-Additional loan from bank: $19,000; Ending cash balance: $5,600. The preliminary cash balance is:
Answers (1)
Lock Division of Morgantown Corp. sells 80,000 units of part Z-25 to the outside market. Part Z-25 sells for $40, has a variable cost of $22, and a fixed cost per unit of $10. The Lock Division has a capacity to produce 100,000 units per period.
Answers (1)
New Questions in Business
Determine which of the following countries would be classified as 'growth miracles' or 'growth disasters'.
Answers (1)
The valuation of a common stock today primarily depends on:A, the number of shares outstanding and the number of its shareholders. B. its expected future dividends and its discount rate. Ct Wall Street analysts.
Answers (1)
Consider a bp gas station. as a result of an economic recession and decreases in consumer incomes, there will be a:
Answers (1)
You purchased 600 shares of SLG, Inc. stock at a price of $41.20 a share. You then purchased put options on your shares with a strike price of $45.00 and an option premium of $1.10. At expiration, the stock was selling for $48.30 a share.
Answers (1)
Which of the following statement is true? a. The demand for puma shoes is more elastic than the demand for shoes b. The demand for Cheerios is less elastic than the demand for cereal c. Products with many complements have a more elastic demand d.
Answers (1)
Home » Business » One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the best trade-off. Group of answer choices True False
Sign Up Forgot Password?