The fact that in its 2010 annual report,Microsoft outperformed the S&P but underperformed in the NASDAQ over the previous five years indicates all of the following EXCEPT:
A) Benchmarks are important to consider in competitive advantage.
B) Competitive advantage is defined in relative terms.
C) The NASDAQ is not a good indicator of competitive advantage.
D) Competitive advantage can be difficult to assess.

Question

Quizplus · Accepted Answer

Competitive advantage is defined in relative terms and can be difficult to assess. Stock indices are useful benchmarks to consider in assessing the breadth of competitive advantage.

The Fact That in Its 2010 Annual Report,Microsoft Outperformed the S&P