A company that has competitive assets that are central to its company strategy and superior to those of rival firms creates a
A)long-term derivative strategy.
B)cash flow feasibility analysis.
C)competitive advantage over other companies.
D)resource deployment strategic plan.
E)cost underestimation and benefit overestimation.

Question

Quizplus · Accepted Answer

A company with competitive assets that are central to its company strategy and superior to those of rival firms creates a competitive advantage over other companies. This advantage can be in the form of unique technology, superior supply chain management, proprietary information or any other factor that separates the company from its competition. The importance of competitive advantage lies in its ability to provide the company with an edge in the market, which translates into increased profitability and long-term success.

A Company That Has Competitive Assets That Are Central to Its