A competitive advantage that lasts a very short period of time is known as a ________ competitive advantage.
A) temporary
B) sustained
C) transient
D) perpetual

Question

Quizplus · Accepted Answer

A temporary competitive advantage is one that lasts only for a short period of time, typically a few months to a year. This could be due to a new product launch, a marketing campaign, or a price reduction, and it gives a company a short-term edge over competitors. However, it is not sustainable in the long run and may be replicated or surpassed by competitors, therefore not being perpetual or sustained. Transient is a synonym for temporary, but is less commonly used in this context.

A Competitive Advantage That Lasts a Very Short Period of Time