Which of the Following Is NOT True Concerning Competitive Advantage

question 11

Multiple Choice

Which of the following is NOT true concerning competitive advantage?

• A)It is threatened by technological changes.
• B)If it is sustainable it leads to consistent superior performance.
• C)It can be sustained over time by following five simple steps.
• D)Market instabilities can undermine it.
• E)It is not enough to simply create it.

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Definitions:

Levels of Management

The hierarchical layers of authority within an organization, each with specific responsibilities and roles.

Obstacles

Challenges, hurdles, or barriers that impede progress or achievement of objectives.

Challenging Situation

A scenario that poses difficulties or obstacles, demanding solutions or adaptations to overcome it.

Risky Decisions

Choices made under conditions of uncertainty that have the potential for significant positive or negative outcomes.