Strategic advantage occurs when an organization analyzes the ______ better and reacts to it quicker than its competitors do while using all of its internal resources efficiently,thus creating the sustainable competitive advantage.
A) environment
B) employees
C) management
D) vision

Question

Quizplus · Accepted Answer

Strategic advantage is achieved by analyzing the environment (e.g. industry trends, customer preferences, technological advancements) better than competitors and reacting to it quicker. This allows the organization to use its resources more effectively and sustainably beat its rivals. While employees, management, and vision are all important factors, they alone cannot create sustainable competitive advantage without proper analysis and reaction to the external environment.

Strategic Advantage Occurs When an Organization Analyzes the ______ Better