Cleanreef, a chain of stores that provides dry-cleaning services, has been the market leader in the country of Gregoramas for the past 20 years. None of its competitors have been able to match Cleanreef's technology, logistics, and pricing. In the context of innovation streams, Cleanreef most likely has a _____.
A) fixed working capital
B) distinctive competence
C) fiduciary responsibility
D) matrix organization structure

Question

Quizplus · Accepted Answer

Cleanreef's technological, logistical, and pricing advantages indicate that they have a distinctive competence, which is an essential characteristic of an innovation stream. A distinctive competence is a unique capability or resource that gives a firm a competitive advantage over its competitors.

Cleanreef, a Chain of Stores That Provides Dry-Cleaning Services, Has