Empirical studies on hypercompetition show unanimously that industries are becoming increasingly turbulent and competitive advantage increasingly short-lived

Question

Quizplus · Accepted Answer

While many empirical studies on hypercompetition suggest that industries are becoming more turbulent and that competitive advantages can be short-lived, there is not unanimous agreement on this matter. Some research indicates that certain industries may experience periods of stability and that firms can sustain competitive advantages for longer periods through various strategies.

Empirical Studies on Hypercompetition Show Unanimously That Industries Are Becoming