Winning a sustainable competitive edge over competitors does not hinge on which of the following?
A)having a distinctive competitive product offering
B)building competitively valuable expertise and capabilities not readily matched, and offering distinctive products
C)building experience, know-how, and specialized capabilities that have been perfected over a long period of time
D)having hard-to-beat capabilities and impressive product innovation
E)building products and distributing them at low prices to a broad customer base irrespective of manufacturing cost

Question

Winning a sustainable competitive edge over competitors does not hinge on which of the following?
A)having a distinctive competitive product offering
B)building competitively valuable expertise and capabilities not readily matched, and offering distinctive products
C)building experience, know-how, and specialized capabilities that have been perfected over a long period of time
D)having  hard-to-beat capabilities and impressive product innovation
E)building products and distributing them at low prices to a broad customer base irrespective of manufacturing cost

Quizplus · Accepted Answer

While offering low prices to a broad customer base can be a strategy, it alone is not enough to ensure a sustainable competitive advantage. Other factors such as distinctive product offerings, unique expertise and capabilities, and specialized know-how are also necessary for long-term success.

Winning a Sustainable Competitive Edge Over Competitors Does Not Hinge