The exclusive sofa company, Seaterz Inc., has the best resources in terms of equipment, employees, infrastructure, and technology. Yet, it is not able to keep pace with its competitor SoftSofa Corp. After extensive analyses, the CEO of Seaterz stated the reason for their limitation was that their company did not have a definite administrative system to audit and retain the profits created by the employees. Which of the following statements can be inferred about Seaterz Inc. from this scenario?
A) It was not organized to exploit.
B) It was not organized to perform.
C) It does not have competitive parity.
D) It has a successful virtuous circle.
Correct Answer:
Verified
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