The distinct edge that sets an organization apart from its competitors is called a __________.
A) defining characteristic
B) significant benefit
C) proprietary competence
D) competitive advantage
E) differential benefit

Question

Quizplus · Accepted Answer

A competitive advantage is a unique factor that sets an organization apart from its competitors and gives it an edge in the marketplace. This can be achieved through various factors such as product innovation, efficient operations, and effective marketing strategies. A defining characteristic, significant benefit, proprietary competence, and differential benefit are all related to competitive advantage but do not capture the essence of the distinct edge that sets an organization apart from its competitors.

The Distinct Edge That Sets an Organization Apart from Its