Companies that achieve a sustainable competitive advantage should develop new core competencies for the future.

Question

Quizplus · Accepted Answer

Sustainable competitive advantage is not a one-time achievement but a continuous process. Once a company achieves a sustainable competitive advantage, they must continue to adapt and develop new core competencies for the future to maintain their advantage over competitors. Failure to do so could result in their advantage being lost over time.

Companies That Achieve a Sustainable Competitive Advantage Should Develop New