64. Ted is an accountant at ABC Company. He calculates the difference between total revenues and total costs before tax. Ted calculates the: a. net profit. b. capital turnover.c. cost of goods sold. d. return on sales.e. invested capital. 65. Which of the following factors does not determine the durability of a company's competitive advantage? 66. Factors that make it difficult for a competitor to copy a company's distinctive competencies are known as: 67. A company's competitive advantage is more durable when: 68. A company's competitive advantage will not endure for long when that competitive advantage can be: a. quickly or easily duplicated by other companies. b. protected by patents. c. protected by significant barriers to imitation. d. shared with other companies in the industry. e. shielded by copyrights.
Chapter 3 69. Industry dynamism refers to: 70. According to Ghernawat, a strategic commitment is: the time that it takes for a good to be delivered or a service to be performed..e. a company's dedication to developing a particular set of resources and capabilities.
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- Spring '07
- Namgyu Park
- d., B., Barriers to entry, E.