Competitive Advantage Is Based On

question 50

Multiple Choice

Competitive advantage is based on:

• A) distinctive competencies.
• B) the Icarus paradox.
• C) higher cost structure.
• D) prior strategic commitments.
• E) barriers to change in a company.

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Definitions:

Marketing Plan

A comprehensive document that outlines a company's overall marketing effort, strategies, and tactics for a defined future period.

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for the coming period.

Specified Future

A detailed description or planning of desired outcomes and objectives that an individual or organization aims to achieve within a determined timeline.

Complexity Of The Organization

The extent of various interconnected components and dynamics within an organization that affect its operations and structure.