Finding a Sustainable Competitive Advantage Is Difficult Because

question 46

Multiple Choice

Finding a sustainable competitive advantage is difficult because:

• A)a company needs a sustainable competitive advantage to succeed in the market
• B)market penetration makes sustaining an advantage difficult
• C)many advantages (product and low price)can be mimicked by other companies
• D)it is easier for a company to focus on sales than on service
• E)it is a key component of a strategic plan for any business

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Definitions:

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, self-discipline, and the desire to do a task well.

Therapy

A treatment intended to relieve or heal a disorder, often referring to psychological counseling or psychotherapy aimed at addressing mental health issues.

Hundreds of Studies

Refers to an extensive amount of research and academic inquiries conducted on a particular subject or field.

Cognitive-Behavioral Therapy

Psychotherapy that emphasizes changing thoughts and behaviors.