Competitive advantage is a relatively simple construct to understand and achieve

Name: Competitive advantage is a relatively simple construct to understand and achieve
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

Quizplus · Accepted Answer

Achieving and maintaining a competitive advantage requires a complex and continuous process of identifying and leveraging unique resources, capabilities, and market positioning in order to outperform competitors. It involves strategic decision-making, innovation, and ongoing analysis and adaptation to changing market conditions.

Competitive Advantage Is a Relatively Simple Construct to Understand and Achieve