A realized competitive advantage becomes sustainable when:
A)It is unique,valuable,and based on strong financial resources
B)It involves all of the functional areas of the organization
C)It is based on physical assets rather than knowledge
D)It is based on a resource or capability that is difficult to imitate by competitors and there is no readily available substitute
E)It is based on the quality of the organization's products and services

Question

Quizplus · Accepted Answer

A sustainable competitive advantage is based on a resource or capability that is difficult to imitate by competitors and there is no readily available substitute. This means that the advantage must be unique and valuable, and difficult for competitors to replicate. Physical assets or product quality may contribute to a competitive advantage, but if they can be easily replicated by competitors, they will not be sustainable. All functional areas of the organization may be involved in developing a competitive advantage, but this is not sufficient for sustainability. Strong financial resources may support a competitive advantage, but they are not a guarantee of sustainability.

A Realized Competitive Advantage Becomes Sustainable When