Asked by Travis Williams on Jun 03, 2024
Verified
Management practices such as using rapid market intelligence and competitive pricing will create a sustainable competitive advantage, regardless of the human resources used to implement these strategies.
Management Practices
The actions, strategies, and methods employed by managers to achieve organizational objectives and improve performance.
Competitive Pricing
A pricing strategy where a company sets the price of its products or services based on the prices of competitors.
Sustainable Competitive Advantage
A unique advantage that allows an organization to outperform its competitors over a long period.
- Identify the contribution of human resources to achieving a competitive edge.
Verified Answer
SY
Sinem Y?ld?zJun 06, 2024
Final Answer :
False
Explanation :
Sustainable competitive advantage often relies on how effectively human resources implement and adapt these practices, as their skills, creativity, and engagement can significantly influence the success of such strategies.
Learning Objectives
- Identify the contribution of human resources to achieving a competitive edge.