Midterm 2026 Exam Questions
and Answers | A+ Score Assured
Which of the following may lead to competitive advantage? 1. New
products, services, and business models;
2. Charging less for superior products;
3. Responding to customers in real time
A) 1 only
, B) 1 and 2
C) 2 and 3
D) 1 and 3
E) 1, 2, and 3 - 🧠 ANSWER ✔✔E
Competitors were seeking which of the following business objectives when
they rushed to provide ATMs after Citibank introduced the first ATMs in
New York?
A) Improved efficiency
B) Customer and supplier intimacy
C) Survival
D) Competitive advantage
E) Improved decision making - 🧠 ANSWER ✔✔C
Which of the following statements about digital firms is not true?
A) In digital firms, time shifting and space shifting are the norm.
B) Today, most firms are fully digital.