Which of the Following Statements Is NOT True of Competitive

question 17

Multiple Choice

Which of the following statements is NOT true of competitive advantage?

• A) Competitive advantage is reflected in superior firm performance.
• B) Competitive advantage is a multifaceted concept.
• C) Competitive advantage is an absolute measure.
• D) Competitive advantage has been linked to a firm's triple bottom line.

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Definitions:

Passive Investment Strategy

A strategy in investing that involves minimal buying and selling actions, typically focused on long-term investment in indexes or funds that mirror market performance.

Complete Portfolio

A diversified collection of investment assets that covers a wide range of asset classes and investment vehicles, aiming to reduce risk through diversification.

Risky Assets

Assets that come with a higher degree of investment risk, typically with the potential for higher returns.