Most competitive advantages can be sustained for a very long period of time, if not forever.

Question

Quizplus · Accepted Answer

While some competitive advantages may last for a long time, it is unlikely that they can be sustained forever. As markets, technologies, and consumer preferences evolve, competitors can find ways to overcome or mimic the advantages of others. Companies must continuously innovate, improve, and adapt in order to maintain a competitive edge.

Most Competitive Advantages Can Be Sustained for a Very Long