Asked by Ashton Krause on May 09, 2024

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Miranda is analyzing opportunities for her company. What decision is least likely to provide the company with a sustainable competitive advantage?

A) lowering prices
B) having a well-known brand name
C) achieving high levels of customer satisfaction
D) using patented technology
E) creating an efficient supply chain

Sustainable Competitive Advantage

Something the firm can persistently do better than its competitors.

Patented Technology

A piece of technology that has been legally protected by a patent, granting its inventor exclusive rights to exploit it for a certain period of time.

  • Understand how differentiating factors like brand name, customer satisfaction, and technology contribute to creating a competitive edge.
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MG
Magnifying GlassMay 13, 2024
Final Answer :
A
Explanation :
Lowering prices may provide a temporary competitive advantage, but it is not sustainable in the long term as competitors can easily copy it. Sustainable competitive advantage comes from unique resources or capabilities that competitors cannot easily replicate, such as a well-known brand name, high levels of customer satisfaction, patented technology, or an efficient supply chain.