Ask Question
BusinessBusiness
30 August, 14:28

Alligator Enterprises has earned above-average returns since its founding five years ago. No other firm has challenged Alligator in its particular market niche; therefore, the firm's owners can feel secure that Alligator has established a competitive advantage. T/F

+2
Answers (1)
  1. 30 August, 17:45
    0
    The correct answer is False.

    Explanation:

    A company has a competitive advantage when it has a unique and sustainable advantage over its competitors, and this advantage allows it to obtain better results and, therefore, to have a superior competitive position in the market.

    In this case, it cannot be said that Alligator has a real competitive advantage, because at any time some other company can also get involved in its main niche, which would affect its performance exponentially.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Alligator Enterprises has earned above-average returns since its founding five years ago. No other firm has challenged Alligator in its ...” 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
Bedrock Company reported a December 31 ending inventory balance of $412,000. The following additional information is also available: The ending inventory balance of $412,000 included $73,200 of consigned inventory for which Bedrock was the consignor.
Answers (1)
Unlike excise taxes, price ceilings create no deadweight loss. a. True b. False
Answers (1)
1. According to the Small Business Administration, the percentage of businesses that survive the first five years is about A 44%. B. 50%. C. 67%. D. 75%.
Answers (2)
The budgeted unit sales of Weller Company for the upcoming fiscal year are provided below: 1st Quarter 2nd Quarter 3rd Quarter 3th Quarter Budgeted unit sales 15,000 16,000 14,000 13,000 The company's variable selling and administrative expense per
Answers (1)
At April 30, Metlock, Inc. has the following bank information: Cash balance per bank $6200 Outstanding checks $380 Deposits in transit $750 Credit memo for interest $15 Bank service charge $30 What is Metlock adjusted cash balance on April 30?
Answers (1)
New Questions in Business
On January 1, 2019, Grouper Corporation granted 10,800 options to key executives. Each option allows the executive to purchase one share of Grouper's $5 par value common stock at a price of $20 per share.
Answers (1)
Which of the following is true regarding the Statement of Revenues, Expenses, and Changes in Net Position for a public college choosing to report as a special-purpose entity engaged in business-type activities only?
Answers (1)
How does a pension fund act as an investor? a. The fund lends money to those who are also investors in it. b. The company invests the money collected from employers and/or employees. c.
Answers (2)
The company pre-paid $40,000 for a four-year insurance policy on January 1, 2014. At the end of 2017, before the books were closed, it was discovered this full amount had been incorrectly expensed on January 1, 2014.
Answers (1)
What rights and responsibilities are there when a person who has signed an agreement to use credit
Answers (1)
Home » Business » Alligator Enterprises has earned above-average returns since its founding five years ago. No other firm has challenged Alligator in its particular market niche;
Sign Up Forgot Password?