Competitive advantage is based on
A) distinctive competencies.
B) economic forces external to a company.
C) lack of government regulations controlling a firm's ability to make rapid adjustments in response to its changing environment.
D) all of these choices
E) none of these choices.

Question

Quizplus · Accepted Answer

Competitive advantage is based on a company's distinctive competencies, which are unique strengths and abilities that allow it to outperform its competitors in the market. It is not solely based on economic forces or lack of government regulations.

Competitive Advantage Is Based on