According to D'Aveni's book,Hypercompetition,which of the following statements is true?
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 argues that in hypercompetitive industries, sustained competitive advantage is rare and short-lived. Companies must constantly adapt and innovate to stay ahead, and strategy initiatives alone are not enough to guarantee success.

According to D'Aveni's Book,Hypercompetition,which of the Following Statements Is True