________ is the advantage that arises when a company exhibits superior technical knowledge.
A)ownership advantage
B)internalization advantage
C)location advantage
D)market power advantage

Question

Quizplus · Accepted Answer

The advantage that arises when a company exhibits superior technical knowledge is known as ownership advantage. This advantage allows companies to control, protect and leverage their expertise and technology to gain a competitive advantage in the global market. This could lead to patents, copyrights, and other proprietary technologies used to create a monopoly or oligopoly in specific industries.

________ Is the Advantage That Arises When a Company Exhibits