Firms that achieve competitive parity can expect to
a. earn below-average returns.
b. earn average returns.
c. earn above-average returns.
d. initially earn above-average returns, declining to average returns.
Answer: earn average returns.
Management Chapter | Multiple Choice | Questions and Answers | Test Bank
a. earn below-average returns.
b. earn average returns.
c. earn above-average returns.
d. initially earn above-average returns, declining to average returns.
Answer: earn average returns.