The distinct edge that sets an organization apart from its competitors is called a ________.
A)core competency
B)market capability
C)proprietary advantage
D)competitive advantage

Question

Quizplus · Accepted Answer

Competitive advantage is the distinct edge or advantage that an organization has over its competitors. This advantage could be in the form of cost advantage, differentiation, brand reputation, or any other factor that sets the organization apart in the marketplace. Core competency refers to the unique set of skills, knowledge, and capabilities that an organization possesses, while market capability refers to the ability of an organization to effectively operate and compete in a particular market. Proprietary advantage refers to the legal protection of a particular product, process, or technology that gives the organization exclusive rights to produce and distribute it.

The Distinct Edge That Sets an Organization Apart from Its