A firm that achieves superior performance relative to other firms in the same industry or the industry average has a(n)
A) competitive advantage.
B) balanced scorecard.
C) power position.
D) equity leverage.

Question

Quizplus · Accepted Answer

A firm that achieves superior performance relative to other competitors in the same industry or the industry average has a competitive advantage.

A Firm That Achieves Superior Performance Relative to Other Firms