Which of the following best defines the term "sustainable competitive advantage"?
A) It is the ability to outperform rivals in ways that are difficult or costly to imitate.
B) It is the ability to formulate technology to gain market exposure.
C) It is the ability to focus organizational energies on a unifying and compelling goal.
D) It is the ability to formulate strategies efficiently to accomplish long-term goals.
E) It is the ability to identify the setbacks in the organizational procedure and work toward correcting them.

Question

Quizplus · Accepted Answer

Sustainable competitive advantage is the ability of a company to outperform its competitors consistently over time by creating a competitive advantage that is difficult or costly to imitate. This can be achieved through various means such as unique product offerings, superior customer service, or proprietary technology.

Which of the Following Best Defines the Term "Sustainable Competitive