info@avatto.com
+91-9920808017
0. Assertion (A): A firm’s relative position within its industry determines whether the firm’s overall profitability is above or below the industry average. Reasoning (R): The fundamental basis of average profitability, in the long run, is a sustainable competitive advantage.
(A) and (R) both are correct and (R) is the right explanation of (A).
(A) and (R) both are correct but (R) is not the right explanation of (A).
(A) is correct but (R) is incorrect.
(R) is correct but (A) is incorrect.
Your email address will not be published. Required fields are marked *
Report
Name
Email
Website
Save my name, email, and website in this browser for the next time I comment.
Comment
Login with Facebook
Login with Google
Forgot your password?
Lost your password? Please enter your email address. You will receive mail with link to set new password.
Back to login
