Competitive ________ refers to a significant and sustainable benefit to a company over its competition.
A) commerce
B) strategy
C) planning
D) advantage
E) disintermediation

Question

Quizplus · Accepted Answer

Competitive advantage is the term used to refer to a significant and sustainable benefit that a company has over its competition. This advantage can come in different forms such as lower costs, better products or services, or stronger brand recognition, and it allows the company to outperform its rivals and maintain a dominant position in the market.

Competitive ________ Refers to a Significant and Sustainable Benefit to a Company