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DiscountHaven Inc. is a large chain of hypermarkets. It has cost benefits due to its extensive operation. The company’s marketing and sales, logistics, administrative, and other such related costs get divided between a large number of product units stocked in its stores. This makes it difficult for smaller retail stores and supermarkets to compete against DiscountHaven’s low prices. Thus, DiscountHaven has a competitive advantage due to its

If Zephyr Electronics obtains an 18 percent return on invested capital, which of the following will help determine if it has a competitive advantage over other pharmaceutical companies?

The pear-shaped, sac-like organ that serves as a reservoir for bile is the:

How has Apple been able to sustain its competitive advantage in the smartphone industry?

In the context of the resource-based model of competitive advantage, if a successful firm exhibits resource immobility it means that the

As a research scholar, Denise had built a helicam as part of her project. The helicam could capture aerial images. Realizing the potential use of this product in movie production and military and rescue operations, she started a new venture where she could customize these helicams to fit the specific needs of the buyers and sell them. Denise can be best described as a(n)

Julie sees a stranger do poorly on a test. She automatically assumes that the stranger is stupid. This error is called:

Hiku Inc. developed a superior touch screen technology for tablet computers that enabled multiple users to operate the screen at the same time. The technology was leased to Broadway Technologies, a consumer electronics company, for five years. Which of the following alternatives to integration does this best illustrate?

A new product often has a high price when it is launched because of a

Nongovernmental organizations (NGOs) reached a new level of influence in the latter part of the twentieth century for which of the following reasons?