A Sustained or Sustainable Competitive Advantage Occurs When a Firm

question 57

True/False

A sustained or sustainable competitive advantage occurs when a firm has implemented a value-creating strategy that current competitors currently do not have,even if they are able to duplicate that strategy in the near future.

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Definitions:

Wellness

An active process of becoming aware of and making choices toward a healthy and fulfilling life, encompassing physical, mental, and social well-being.

Long-Term Success Rates

Long-term success rates refer to the percentage of individuals or entities that achieve their goals or maintain desired outcomes over an extended period.

Quit Smoking

The process of stopping or discontinuing the habit of inhaling tobacco smoke from cigarettes.

Social Support

The perception and actuality that one is cared for, has assistance available from other people, and is part of a supportive social network.