In which of the following scenarios does history create a business advantage?
A) Using its market research, Rise n'Shine devises the best-selling alarm clock to hit the market in the last 20 years.
B) To maintain a business advantage, Cindy's Cinnies keeps the recipe for their highly popular cinnamon rolls top secret.
C) Smooth Scent's new ad campaign gives this body lotion and cosmetics company a business advantage over competitors.
D) The first company to sell vacuum cleaners in the retail market, Suck It Up, uses its experience to maintain a business advantage.
E) HGT Enterprises and BDO, Inc., both West Coast real estate development firms, have been fierce competitors for more than 20 years.

Question

Quizplus · Accepted Answer

People create a history-a collective pool of experience, wisdom, and knowledge that benefits the organization. The long experience of Suck It Up in the retail market has given this company a business advantage.

In Which of the Following Scenarios Does History Create a Business