The key result of achieving a competitive advantage is an ability to:
A) dictate consumer needs and preferences.
B) establish a monopolistic market position.
C) consistently do something of high value which one's competitors cannot replicate quickly or do as well.
D) drive the competition out of business and to make extraordinarily high profits.
E) sidestep government regulations.

Question

Quizplus · Accepted Answer

Achieving a competitive advantage means consistently offering something of high value that competitors cannot easily replicate, allowing a company to stand out in the market.

The Key Result of Achieving a Competitive Advantage Is an Ability