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.He stated 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.

Question

Quizplus · Accepted Answer

Seaterz Inc. has the resources but lacks an organized administrative system to effectively exploit and retain profits, indicating it was not organized to exploit its resources.

The Exclusive Sofa Company, Seaterz Inc