When it comes to developing a business model and strategies that will lead to competitive advantage and superior profitability,high-technology companies
A)often face similar situations.
B)often face different situations.
C)are extremely unique in the situations they face.
D)cannot be compared in terms of the situations they face.
E)commonly face overwhelming situations.

Question

Quizplus · Accepted Answer

High-technology companies often face similar situations when it comes to developing a business model and strategies for competitive advantage and profitability, such as the need for innovation, the speed of technological change, and the challenge of balancing short-term profitability with long-term growth.

When It Comes to Developing a Business Model and Strategies