Which Statement Regarding Competitive Advantages Is True

question 101

Multiple Choice

Which statement regarding competitive advantages is true?

• A) With an overall cost leadership strategy, firms need not be concerned with parity on differentiation.
• B) In the long run, a business with one or more competitive advantages is probably destined to earn normal profits.
• C) If several competitors pursue similar differentiation tactics, they may all be perceived as equals in the mind of the consumer.
• D) Attaining multiple types of competitive advantage is a recipe for failure.

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