Which of the following statements is false?
A)Competitive advantage is based on some measurement such as cost, quality, or speed.
B)Competitive advantage enables a company to function effectively within a market.
C)Competitive advantage leads to higher-than-average profits.
D)Competitive advantage requires the use of technology.
E)Competitive advantage applies to companies of all sizes.

Question

Quizplus · Accepted Answer

Competitive advantage does not necessarily require the use of technology. It can be based on various factors such as unique products, marketing strategies, customer service, etc.

Which of the Following Statements Is False