Which of the following is an example of a durable strategy undertaken by firms to prevent competition?
A)Purchasing the latest technology available in the market
B)A firm spending huge sums on advertisements.
C)Selecting a unique location for carrying out operation
D)Identifying a competent sales force

Question

Quizplus · Accepted Answer

Selecting a unique location for carrying out operation can be a durable strategy as it is not easy for competitors to replicate or imitate. It provides a physical advantage that makes it difficult for competitors to penetrate the market. In contrast, purchasing the latest technology, building a competent sales force, or spending on advertising can be easily replicated by competitors, making them non-durable strategies.

Which of the Following Is an Example of a Durable