A Sustainable Competitive Advantage Is Gained When a Company

question 35

Multiple Choice

A sustainable competitive advantage is gained when a company

• A)has durable competitive assets that are central to its strategy and superior to those of rival firms.
• B)has sufficient resources to expedite its strategy.
• C)realizes its inherent weaknesses are transformable to advantages.
• D)can stand out relative to rivals because of resource utilization.
• E)has resources in well-populated geographical locations.

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Definitions:

Knowledgeability

The state of having knowledge or information about a specific topic or field; being well-informed.

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