A sustainable competitive advantage happens only when:
A) Both the difference in important attributes and the capability gap can endure over time.
B) Customers perceive a constant difference in important attributes between one firm or property and its competition.
C) The difference is the result of a capability gap between the firm and its competitors
D) All of the above
Correct Answer:
Verified
Q21: What are Porter's Five Forces?
A) Risk of
Q22: The "amenity wars" between hotels in the
Q23: REVPAC is:
A) Revenue Per Available Competitor
B) Measuring
Q24: The bargaining powers of suppliers and buyers
Q25: Which changes have impacted the hospitality industry?
A)
Q27: Smith Travel Research, Travel Click and The
Q28: Environmental scanning means looking for new threats,
Q29: Porter suggests three strategies for beating the
Q30: To gain competitive intelligence, a firm could:
A)
Q31: When does a sustainable competitive advantage occur?
A)
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