Which of the Following Is a Characteristic of Competitive Advantage

question 39

Multiple Choice

Which of the following is a characteristic of competitive advantage?

• A)It is a long lasting edge over competitors if based on IT.
• B)It is short-lived if competitors quickly duplicate it.
• C)It requires the use of social media and networks.
• D)It provides a big strategic payoff.

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Definitions:

Independent

Free from outside control; not depending on another's authority or subject to another's influence.

First Ace

The initial occurrence of an ace in a series of card draws or during a specific card-related activity.

Probability

A numerical expression between 0 and 1 that represents the probability of a particular event happening.

Cards

Pieces of heavy paper or thin cardboard, typically rectangular in shape, used for playing a variety of games.