According to the Text, a Competitive Advantage Is Sustainable If

question 2

Short Answer

According to the text, a competitive advantage is sustainable if it meets the following two factors:
A.Competitive defendability and environmental consonance
B.Competitive consonance and environmental defendability
C.Product leadership and operational excellence
D.Product excellence and operational leadership.

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Definitions:

Daily-Wage Worker

An individual who is paid at the end of each day for their labor, often without long-term employment commitments.

Poverty

A condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education, and information.

Cost-Quality Trade-Off

The balance between the cost of producing goods or services and their quality, often implying that higher quality demands higher costs.

Reverse Innovation

The process where goods developed as inexpensive models to meet the needs of developing nations are then repackaged as low-cost innovative goods for Western markets.