Strategic capabilities:
A)create competitive advantage
B)create sustainable competitive advantage
C)are possessed by every firm in the industry
D)are easy to imitate or replicate

Question

Quizplus · Accepted Answer

Strategic capabilities that create sustainable competitive advantage are the most desirable as they provide long-term benefits that are difficult for competitors to imitate or replicate. Creating a regular competitive advantage may not be enough to ensure long-term success, as competitors may eventually catch up, but sustainable competitive advantage can provide a more secure and lasting position in the market. Additionally, not every firm in the industry possesses strategic capabilities, and even those that do may not possess capabilities that create a competitive advantage. Lastly, strategic capabilities that are easy to imitate or replicate may not provide a significant competitive advantage.

Strategic Capabilities