For a firm, maintaining its competitive advantages implies that it is:
A)Appraising and deploying capabilities
B)Developing current capabilities
C)Creating new capabilities
D)All of the above

Question

Quizplus · Accepted Answer

Maintaining competitive advantages involves a combination of activities including appraising and deploying the firm's current capabilities, developing those capabilities further, and creating new capabilities to stay ahead of competitors. Therefore, all three options (A, B, and C) are necessary for a firm to maintain its competitive advantage.

For a Firm, Maintaining Its Competitive Advantages Implies That It