Long-lasting competitive advantages include
I.proprietary technology;
II.protected markets with high barriers to entry for other firms;
III.strategic assets that competitors cannot easily duplicate
A)I only
B)II only
C)I and II only
D)I, II, and III

Question

Quizplus · Accepted Answer

Long-lasting competitive advantages can be achieved through a combination of proprietary technology, protected markets with high barriers to entry, and strategic assets that competitors cannot easily duplicate. Therefore, the best choice is D, which includes all three options.

Long-Lasting Competitive Advantages Include