A Competitive Advantage Is Considered to Be a Sustained Competitive

question 11

Multiple Choice

A competitive advantage is considered to be a sustained competitive advantage when

• A) the firm is able to spread the advantage to all of its business units.
• B) it is able to maintain above-average profitability for a number of years
• C) the advantage is very large.
• D) the advantage was gained at a low cost.
• E) the managers who developed the advantage are still employed at the firm.

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Definitions:

History Effects

Events that occur outside the experiment which may affect participants' responses within the experiment.

Measurement Period

The specific duration or time frame during which data is collected or observations are made in a study.

Manipulation

The process of deliberately altering variables in an experimental setting to observe the effects on dependent variables.

Second Measurement

The action or process of measuring something for the second time, often to track changes or progress.