When Evaluating the Sustainability of a Firm's Competitive Advantage,which of the Following

question 50

Multiple Choice

When evaluating the sustainability of a firm's competitive advantage,which of the following statements is not true?

• A) The competitive advantage will not be sustainable if there are substitutes for the firm's core competence.
• B) If managed effectively, existing core competencies can help sustain the competitive advantage indefinitely.
• C) Social complexity often leads to a competitive advantage that is sustainable.
• D) When expectations of future resource value turn out to be accurate and can be repeated, then a sustained competitive advantage is realized.

---

Definitions:

Insurance Companies

Organizations that provide insurance policies to consumers, covering a variety of risks in exchange for premiums.

Insurance Company

A business entity that provides financial protection against losses and risks in exchange for premiums.

Property Loss

The term refers to the loss or damage of property due to various risks such as fire, theft, or natural disasters.

Adverse Selection

A situation where asymmetric information leads to the selection of undesirable risks by one party in a contract.