Asked by Jacqueline Robertson on May 22, 2024
Verified
Which of the following is LEAST likely to be considered a competitive advantage for a firm?
A) rare capabilities
B) valuable resources
C) substitutable products
D) transferable technology
Substitutable Products
Goods or services that can be used in place of each other, offering similar benefits and satisfying the same needs or desires of consumers.
Competitive Advantage
A unique attribute or ability that allows an organization to outperform its competitors.
Transferable Technology
Technologies that can be easily adapted and used in various industries or sectors.
- Recognize competitive advantages in a business context.
Verified Answer
Learning Objectives
- Recognize competitive advantages in a business context.
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Competitive Advantage Is the Ability to Outperform One's Competitors