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.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: A federal act was passed in the
Q9: The management of GNH Corp., a chemical
Q10: A popular food company, Crunchez Corp., is
Q11: Identify a true statement about understanding the
Q12: How is buying power related to switching
Q14: WillowWorks LLC, a retail clothing store, has
Q15: _ can be most accurately defined as
Q16: Which of the following statements best describes
Q17: Which of the following statements is true
Q18: The board of directors of August Inc.,