A firm's competitive advantage is not necessarily revealed in higher profitability;it may be reflected in:
A)Expanding market share
B)An aggressive quest for acquisitions
C)Increasing employee bonuses
D)Expanding market share and/or increasing employee bonuses

Question

Quizplus · Accepted Answer

A firm's competitive advantage can manifest in various ways beyond just profitability. Expanding market share indicates a firm is outperforming competitors in attracting customers, while increasing employee bonuses can reflect a strategy to retain top talent, which contributes to maintaining or enhancing competitive advantage.

A Firm's Competitive Advantage Is Not Necessarily Revealed in Higher