A Sustainable Competitive Advantage Happens Only When

question 8

Multiple Choice

A sustainable competitive advantage happens only when:

• A) Both the difference in important attributes and the capability gap can endure over time.
• B) Customers perceive a constant difference in important attributes between one firm or property and its competition.
• C) The difference is the result of a capability gap between the firm and its competitors
• D) All of the above

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Definitions:

Moderate Risk

A level of danger or uncertainty that is considered to be within an acceptable range for undertaking certain actions or decisions.

Democratic Style

A style of leadership in which the leader uses interaction and collaboration with followers to direct the work and work environment.

Role Ambiguity

A condition in which an employee lacks clear information regarding their job responsibilities.

Discretionary Influence

The capacity to affect outcomes within an organization through the use of personal or informal power, beyond formal job requirements.