According to D'Aveni
A) except for a few stable industries, strategy initiatives do not provide sustainable competitive advantage.
B) hypercompetition is rare.
C) it is enough to gain competitive advantage by being the lowest cost competitor.
D) the theory of hypercompetition is not supported by any research.
E) the American home appliance industry was immune to hypercompetition.

Question

Quizplus · Accepted Answer

D'Aveni's theory of hypercompetition suggests that in most industries, traditional strategies such as cost leadership or differentiation do not provide sustainable competitive advantage due to the highly competitive and constantly changing nature of the market.