Question

Warren Buffet notes the importance of individuals investing in:

		IRAs
		Berkshire Hathaway
		Mutual funds
		Themselves

. What is the only (legally streamed) show not on Netflix in the top 20 streamed shows in 2018?

		The Chilling Adventures of Sabrina
		The Handmaid’s Tale
		Orange is the New Black
		Stranger Things

Which of the following is not one of the three main strategies for competitive advantage?

		Copying what your competition is doing
		Making something of better quality than your competition
		Offering a product or service no one else is offering
		Selling things cheaper than your competition

Answer 1

Ans a)

The correct answer is option D, i.e. Warren Buffet notes the importance of individuals investing in themselves. He believes that through personal development one can be immune to the market forces that dictate job opportunities.

Ans b)

The correct answer is option B, i.e. The Handmaid’s Tale is not streamed on Netflix.

Ans c)

The correct answer is option A, i.e. Copying what your competition is doing is not a competitive advantage. By offering a higher quality product, enhanced features or lower price for similar products, a company can attract customers.