Competitive advantage typically leads to
A) an effective business model.
B) average profitability within an industry.
C) superior profitability.
D) making procedures routine.
E) flexibility in manufacturing.

Question

Quizplus · Accepted Answer

Competitive advantage allows a company to differentiate itself from its competitors and offer a unique value proposition to customers, resulting in superior profitability. Having an effective business model, making procedures routine, and flexibility in manufacturing can all be components of achieving competitive advantage, but they do not necessarily lead to superior profitability in themselves. Average profitability within an industry suggests that a company is not maintaining a competitive advantage over its competitors.

Competitive Advantage Typically Leads to