Which of the following best defines competitive inertia?
A) It is a reluctance to change strategies or competitive practices that have been successful in the past.
B) It is a competitive advantage that other companies have tried unsuccessfully to duplicate.
C) It is a discrepancy between a company's intended strategy and the strategic actions managers take when implementing that strategy.
D) It is a corporate-level strategy that minimizes risk by diversifying investment among various businesses or product lines.
Correct Answer:
Verified
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