The possession of strategic assets like patents has made General Electric GE)one of the most powerful companies in the world.Holding such strategic assets has given GE a ________ advantage.
A)competitive
B)late mover
C)legislative
D)home court
E)monopolistic

Question

Quizplus · Accepted Answer

Holding strategic assets like patents provides a competitive advantage to a company, as it allows them to differentiate their products and services from competitors and can also act as a barrier to entry for new players in the market. GE's possession of patents gives them a competitive advantage in their industry.

The Possession of Strategic Assets Like Patents Has Made General