Which of the following represents a reason why competitive advantages are typically temporary?
A)The competitor will hire away your key employees.
B)The competitor quickly seeks ways to duplicate your business operations.
C)The competitor will purchase new technology.
D)All the answers are correct.

Question

Quizplus · Accepted Answer

All of the answer choices contribute to the temporary nature of competitive advantages. Competitors will seek to duplicate successful practices and technologies, and may be able to do so by hiring away key employees or investing in new technology themselves. Therefore, it is important for businesses to continually innovate and adapt to maintain their competitive edge.

Which of the Following Represents a Reason Why Competitive Advantages