Which of the Following Is LEAST Likely to Provide a Sustainable

question 103

Multiple Choice

Which of the following is LEAST likely to provide a sustainable competitive advantage?

• A) lowering prices
• B) having a well-known brand name
• C) achieving high levels of customer satisfaction
• D) using patented technology
• E) creating an efficient supply chain

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Definitions:

Strengths

Positive attributes or characteristics within an organization or individual that provide advantages in achieving objectives or competing in the marketplace.

Weaknesses

Characteristics or areas within an entity or system that reduce its effectiveness or performance compared to the ideal or standard.

Competitive Advantage

A unique attribute or position a company holds that allows it to outperform its competitors, generating greater sales or margins.

Market Share

The percentage of an industry's sales that a particular company or product commands within a specific time period.