An advantage that a company can use to lever itself to new advantages is called a
A) leverageable advantage.
B) competitive advantage.
C) customer advantage.
D) sustainable advantage.
E) channel advantage.

Question

Quizplus · Accepted Answer

A leverageable advantage is an advantage that a company can use to further strengthen its position in the market or gain new advantages. It can be a unique resource, technology or capability that other companies do not have, and it can be used to create new opportunities or expand into new markets. A competitive advantage is similar, but it refers to any advantage that allows a company to outperform its competitors, not necessarily one that can be leveraged for further advantage. A customer advantage and channel advantage are not commonly used terms in business strategy. A sustainable advantage refers to an advantage that a company can maintain over the long term, but it does not necessarily imply that the advantage can be leveraged for further growth or advantage.

An Advantage That a Company Can Use to Lever Itself