Competitive Advantage Is Normally the Result of Superiority in Resources

question 35

Multiple Choice

Competitive advantage is normally the result of superiority in resources, skills, or

• A) employees.
• B) position.
• C) consistency.
• D) feasibility.
• E) governance.

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Definitions:

Network Externalities

Benefits or costs that affect a user of a product or service, depending on the number of other users of the same or similar products or services.

NCAA

The National Collegiate Athletic Association, an organization that regulates athletes of many U.S. colleges and universities, setting eligibility criteria and organizing sports competitions.

College Athletics

Organized sports and physical competitiveness among universities and colleges as part of the educational experience.

Technological Change

The process of innovation and the introduction of new technologies or methods in production, leading to increased productivity.