Question

7) A competitive advantage that lasts a very short period of time is known as a competitive advantage A) temporary B) sustained C) transit D) perpetual 8) The two types of measures of competitive advantage include A) accounting measures and strategie measures B) strategie measures and economie measures C) accounting measures and economie measures D) qualitative measures and quantitative measures 9) A firm's is a measure of its competitive advantage calculated using information from a firm's published profit and loss and balance sheet statements A) economic performance B) accounting performance C) strategie performance D) sustainable performance 10) measures of competitive advantage compare a firm's level of return to its cost of capital instead of to the average level of return in the industry. A) Economic B) Accounting C) Strategic D) Sustainable 11) The consists of broad trends in the context in which a firm operates that can have an impact on a firm's strategic choices. A) micro-environment B) general environment C) task environment D) internal environment 12) All of the following are elements of the general environment except A) technological trends. B) demographic trends. C) industrial trends. D) cultural trends. 13) is/are the distribution of individuals in a society in terms of age, sex, marital status, income, ethnicity, and other personal attributes that may determine buying patterns. A) Demographics B) Economics C) Technological trends D) Culture

can anyone please answer the questions? it's about Management Decisions class. Thank you so much!!

Answer 1

7) Option C, Transient competitive advantage is the one which is in pass through mode and is very short lived. Unlike temporary it is not for limited time but for a very short period infact.

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