Hewlett$-$Packard was not able to address the competitive challenges of cloud and mobile computing. The company therefore destroyed shareholder value by failing to create

Multiple Choice

a strong infrastructure.

value for society.

foreign contacts.

$$ a need for printers.

Bill's Auto & Airplane Repair shop is able to generate a positive net income of $$10,000$ a week, which is about the same as the income of a close competitor. As a result, we can conclude that the two businesses also have a competitive parity in the industry.

Multiple Choice

Correct$-$competitive parity is a performance of two or more firms at the same level.

Correct$-$competitive advantage is achieved since Bill's Auto & Airplane Repair shop has a positive net income.

Incorrect$-$Bill's Auto & Airplane Repair shop more than likely has a sustained competitive advantage because the business is diversified.

Correct$-$competitive advantage is achieved through profitability alone.

Bill's Auto & Airplane Repair shop is able to generate a positive net income of $$10,000$ a week, which is about the same as the income of a close competitor. As a result, we can conclude that the two businesses also have a competitive parity in the industry.

Multiple Choice

Correct$-$competitive parity is a performance of two or more firms at the same level.

Correct$-$competitive advantage is achieved since Bill's Auto & Airplane Repair shop has a positive net income.

Incorrect$-$Bill's Auto & Airplane Repair shop more than likely has a sustained competitive advantage because the business is diversified.

Correct$-$competitive advantage is achieved through profitability alone.

Bill's Auto & Airplane Repair shop is able to generate a positive net income of $$10,000$ a week, which is about the same as the income of a close competitor. As a result, we can conclude that the two businesses also have a competitive parity in the industry.

Multiple Choice

Correct$-$competitive parity is a performance of two or more firms at the same level.

Correct$-$competitive advantage is achieved since Bill's Auto & Airplane Repair shop has a positive net income.

Incorrect$-$Bill's Auto & Airplane Repair shop more than likely has a sustained competitive advantage because the business is diversified.

Correct$-$competitive advantage is achieved through profitability alone.