Question $1(2$ points$)$

Which statement below is true about Competitive Advantage?

Businesses create competitive advantage by doing things the same as the

competition

Competitive Advantage means that the business does not outperform its rivals

There is only one way to achieve Competitive Advantage in an industry

In a competitive environment, businesses try to stand out from their competitors

Question $2(2$ points$)$

The four functions of the Management Process are:

Planning, Processing, Forming, Controlling

Planning, Controlling Processing, Leading

Planning, Resourcing, Leading, Processing

Planning, Organizing, Leading, Controlling