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A Firm Always Has a Competitive Disadvantage When Its Return

Question 26

Multiple Choice
A firm always has a competitive disadvantage when its return on invested capital is

A firm always has a competitive disadvantage when its return on invested capital is


A) below the industry average.
B) 2 percent or lower in a declining industry.
C) about the same as its closest competitor.
D) declining steadily over two or more years.

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