The greater the extent to which a firm's assumptions and hypotheses accurately describe how the competition in the industry is likely to evolve, and how that evolution can be exploited to earn a profit, the more likely it is that a firm will gain a competitive advantage from implementing its strategies.

Question

Quizplus · Accepted Answer

This statement suggests that having accurate assumptions and hypotheses about industry competition and how to exploit it for profit is likely to lead to a competitive advantage. Therefore, option A is true.

The Greater the Extent to Which a Firm's Assumptions and Hypotheses