A Sustainable Competitive Advantage Is Gained

question 138

Multiple Choice

A sustainable competitive advantage is gained:

• A) when a company has durable competitive assets that are central to its strategy and superior to those of rival firms.
• B) when a company has sufficient resources to expedite its strategy.
• C) when a company realizes its inherent weaknesses are transformable to advantages.
• D) when a company can stand out relative to rivals because of resource utilization.
• E) All of these.

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Definitions:

Ethnocentrism

The tendency to believe one’s culture and its values are superior to those of others.

Alternative Points

Perspectives or options that differ from the main or currently considered paths, often providing creative or novel solutions to problems.

Semantic Barriers

Involve a poor choice or use of words and mixed messages.

Formal Channels

Official, established routes of communication or transmission of information within an organization.