Having all the characteristics under the theory of competitive advantage ensures a company's success in the market.

Question

Quizplus · Accepted Answer

While having characteristics that align with the theory of competitive advantage (such as unique resources, superior capabilities, or cost advantages) can significantly enhance a company's potential for success, it does not guarantee success. Market dynamics, consumer preferences, technological changes, and competitive actions can all impact the effectiveness of these advantages.

Having All the Characteristics Under the Theory of Competitive Advantage