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.

---

Definitions:

Absolute Rules

Prescriptive regulations or directives that allow no exceptions or deviations, ensuring strict adherence and uniform application.

Justice

A principle of fairness and moral equity in the treatment of individuals and the distribution of resources.

Accepted Practice

Methods or procedures that are widely accepted and used by professionals within a particular field as being correct or most effective.

Nonmaleficence

A fundamental principle in medical ethics that obligates healthcare providers to avoid causing harm to patients.