Hercules Inc.is an 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?

Question

Quizplus · Accepted Answer

This statement strengthens Chang's claim by highlighting the potential consequences of not maintaining competitive advantage. It emphasizes the importance of being well-prepared and having a sound method in place to retain competitive advantage. Option A talks about employee benefits and does not provide any new information in support of Chang's claim. Option B suggests that the company has already overcome rivalry, which is not relevant to the argument being made. Option C brings up the issue of sufficient funds, which is a potential barrier to implementing Chang's suggestions, but it does not directly reinforce the claim being made.