An organization's attempt at creating and sustaining a long-term competitive advantage can be disrupted through
A) technological advances.
B) market instability.
C) government legislation.
D) All of the answer choices are correct.
E) None of the above affect long-term competitive advantage.

Question

Quizplus · Accepted Answer

Technological advances, market instability, and government legislation can all disrupt an organization's attempt at creating and sustaining a long-term competitive advantage. These external factors can change the industry landscape and alter the competitive dynamics, forcing organizations to adapt and adjust their strategies accordingly. Ignoring these challenges can lead to decreased market share and profitability, and ultimately, failure. Therefore, it is important for organizations to continuously monitor and evaluate their competitive position and adjust their strategies to remain relevant and competitive in the long term.

An Organization's Attempt at Creating and Sustaining a Long-Term Competitive