Asked by Kevin Wiley Jr. on Jul 16, 2024

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__________ refers to an organisation acquiring or developing an attribute or combination of attributes that allows it to outperform its rivals.

A) Competitive effectiveness
B) Rival behaviour
C) Competitive advantage
D) Competitive success
E) Dominating competition

Competitive Advantage

is the attribute that allows an organization to outperform its competitors, resulting from unique resources, capabilities, or strategies.

Rival Behaviour

Actions or strategies adopted by companies in competition with one another to gain an advantage or market share.

Competitive Effectiveness

The ability of an organization to implement strategies that secure a competitive edge and achieve desired outcomes efficiently.

  • Gain insight into the attributes of competitive advantage and the contributing factors to its sustenance.
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VW
Vedika WearanaJul 19, 2024
Final Answer :
C
Explanation :
Competitive advantage refers to the unique attributes or capabilities that enable an organization to outperform its competitors. These attributes can be in the form of superior technology, brand, customer service, or cost efficiency, among others.