Asked by Story Kremin on Jun 03, 2024
Verified
Consistently doing something of high value that one's competitors cannot replicate quickly or do as well is:
A) a key result of achieving competitive advantage.
B) not possible in today's world.
C) a key result of establishing a union shop.
D) All of the options listed
E) None of the options listed
Competitive Advantage
A unique attribute or position that allows an organization to outperform its competitors.
Competitors
Entities that offer similar products or services in the same market and compete for the same customer base.
- Grasp the concept of competitive advantage and how it can be achieved.
Verified Answer
ZK
Zybrea KnightJun 03, 2024
Final Answer :
A
Explanation :
Achieving competitive advantage involves creating value in a way that is difficult for competitors to replicate or match. This can be through unique products, services, processes, or business models.
Learning Objectives
- Grasp the concept of competitive advantage and how it can be achieved.
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