From an economic value creation perspective,competitive advantage is achieved by the firm that does which of the following?
A) Creates and captures more economic value than its rivals.
B) Ensures that the value captured is evenly divided between producer and consumer.
C) Concentrates on tangible assets available as opposed to intangible assets.
D) Formulates strategy based primarily on the balanced-scorecard approach.

Question

Quizplus · Accepted Answer

Competitive advantage is achieved by the firm that creates and captures more economic value than its rivals.

From an Economic Value Creation Perspective,competitive Advantage Is Achieved by the Firm