Operating in successful ways that are difficult to imitate is called a __________.
A) strategy
B) strategic intent
C) business plan
D) competitive advantage

Question

Quizplus · Accepted Answer

A competitive advantage refers to the unique qualities or characteristics of a business that sets it apart from its competitors and makes it difficult for them to imitate. This could be in the form of superior technology, efficient processes, a strong brand reputation, or exclusive access to resources or distribution channels. Having a sustainable competitive advantage is crucial for long-term success in the market.

Operating in Successful Ways That Are Difficult to Imitate Is