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Hercules Inc

Question 13

Multiple Choice

Hercules Inc. is a high performing steel manufacturing company. Chang, a stakeholder of the company, believes that it is important to protect the company from threats. Hercules Inc. has often struggled to overcome rivalry and product substitutes. Chang claims that if the company constantly keeps a check on itself by creating power over buyers, paying heed to customers' requests, and strengthening its resources and manpower, the company can maintain competitive advantage. Which of the following statements strengthens Chang's claim?


A) The employees feel that a change in functions will also cause a change in benefits that they currently are enjoying, such as flexible hours.
B) The company has overcome much rivalry just as the way it is currently functioning and need not change its method.
C) The other members of the management feel that the company would require sufficient funds to create this change in functioning.
D) The company can face first-time conflicts if it is not well prepared with a sound method to retain competitive advantage.

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