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Competitive Advantage & CSR

Authored by Michelle HOOPER

Business

9th Grade

Used 102+ times

Competitive Advantage & CSR
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. A competitive advantage is the leverage a business have over its competitors.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. A business can create a competitive advantage by

Decreasing the price

Only selling the product online

Improve the quality of the product or service

Targeting the same market as its competitor

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Innovation can help a business increase its competitive advantage.

False

True

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Customer demand is constantly changing due to changes in:

Tastes and fashion

Population (age and gender)

Price of goods and services

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Profit margin:

Can NOT be expressed as a percentage

Indicates the financial health of a business

Healthy profit margins are the same in all industries

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Business can create a competitive advantage by:

Offering a high cost product

Differentiating the product or service

Decreasing productivity

All of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business can reduce costs by

Eliminating waste

Buying inputs in bulk

Outsourcing or offshoring

All of the above

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