In many ways, the difference between traditional economics research and strategic management research is that the former attempts to explain why ________, while the latter attempts to explain ________.
A) competitive advantages should not persist; when they can
B) competitive advantages should persist; when they can
C) competitive advantages should persist; why they should not
D) competitive parity should not persist; why they should

Question

Quizplus · Accepted Answer

Traditional economics often assumes that competitive advantages should not persist due to market forces driving towards equilibrium, while strategic management focuses on understanding when and how competitive advantages can be sustained.

In Many Ways, the Difference Between Traditional Economics Research and Strategic