Companies who base their competitive advantage in a specific technological process are likely to succeed.

Question

Quizplus · Accepted Answer

Companies who base their competitive advantage solely on a specific technological process are not likely to succeed as technology can quickly become outdated or be imitated by competitors. A more sustainable competitive advantage is achieved through a combination of factors such as innovation, brand recognition, customer loyalty, and operational efficiency.

Companies Who Base Their Competitive Advantage in a Specific Technological