The Key to Maintaining Competitive Advantage and Earning Above-Average Returns

question 49

Multiple Choice

The key to maintaining competitive advantage and earning above-average returns over the long run is to effectively manage current core competencies

• A) in a way that uniquely bundles and leverages the firm's existing resources.
• B) and develop a continuous stream of new competitive advantages.
• C) and imitate the core competencies of successful competitors.
• D) in order to preserve and enhance them against the firm's competitors.

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Definitions:

Rapid Strep Test

A quick diagnostic test performed to determine the presence of streptococcus bacteria in the throat, typically used to diagnose strep throat.

Pediatricians

Medical doctors specializing in the care and treatment of infants, children, and adolescents.

Chronic Liver Infection

A long-lasting infection of the liver, often caused by viruses, leading to inflammation and potential liver damage.

Viral Infection

An infection caused by the presence of a virus in the body, which can lead to various diseases depending on the virus type and the body's immune response.