How does value innovation achieve sustained competitive advantage for the innovating company?
A)It shifts the basis of competition.
B)It can catch rivals off guard and make it difficult for them to catch up.
C)It forces the innovative company to think differently than rivals in order to create an offering and strategic position that is unique.
D)Rivals are unable to change focus from prior strategic commitments.
E)All of these are reasons why value innovation can achieve sustained competitive advantage for an innovating company.

Question

Quizplus · Accepted Answer

All of the options listed are reasons why value innovation can achieve sustained competitive advantage for an innovating company. It shifts the basis of competition, catches rivals off guard, forces the company to think differently, and can make it difficult for rivals to change focus from prior commitments. All of these factors contribute to a sustainable competitive advantage.

How Does Value Innovation Achieve Sustained Competitive Advantage for the Innovating