An organization establishes a __________ when it has a core competency that sets it apart from its competitors and gives it an advantage over them in the marketplace.
A)Core advantage.
B)Market advantage.
C)Competitive advantage.
D)Competency advantage.
E)Management advantage.

Question

Quizplus · Accepted Answer

A competitive advantage is established by an organization when it has a specific core competency that sets it apart from its competitors and gives it an advantage in the marketplace. This can include things such as cost leadership, quality of products or services, innovative technology, or customer service. By leveraging this advantage, the organization can increase profitability and market share.

An Organization Establishes a __________ When It Has a Core