A creative,distinctive strategy that delivers a sustainable,competitive advantage is important because
A)without a proven strategy,a company is likely to fall into bankruptcy.
B)without a competitive advantage,a company cannot have a profitable business model.
C)a strategy that yields a competitive advantage over rivals is a company's most reliable means of achieving above-average profitability and financial performance.
D)a competitive advantage is what enables a company to achieve its strategic objectives.
E)how a company goes about trying to please customers and outcompete rivals is what enables senior managers to choose an appropriate strategic vision for the company.

Question

Quizplus · Accepted Answer

A sustainable competitive advantage is crucial for a company's profitability and long-term success. It allows a company to outperform its rivals by providing unique value to customers and creating barriers to entry for competitors. Without a competitive advantage, a company will struggle to achieve above-average profitability and financial performance.

A Creative,distinctive Strategy That Delivers a Sustainable,competitive Advantage Is Important