A Company Is Said to Have a Sustained Competitive Advantage

question 33

True/False

A company is said to have a sustained competitive advantage when it is able to maintain above-average profitability for at least two quarters.

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Definitions:

Personality Traits

Enduring characteristics that define an individual’s behavior, thinking patterns, and emotional responses.

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices.

Yearly Salary Increases

Regular, annual raises in the amount of money an employee receives as compensation from their employer, often reflecting performance or inflation adjustments.

Major Decisions

Significant choices made by individuals or organizations that have a large impact on outcomes or future directions.