Asked by Kevin Wiley Jr. on Jul 16, 2024
Verified
__________ refers to an organisation acquiring or developing an attribute or combination of attributes that allows it to outperform its rivals.
A) Competitive effectiveness
B) Rival behaviour
C) Competitive advantage
D) Competitive success
E) Dominating competition
Competitive Advantage
is the attribute that allows an organization to outperform its competitors, resulting from unique resources, capabilities, or strategies.
Rival Behaviour
Actions or strategies adopted by companies in competition with one another to gain an advantage or market share.
Competitive Effectiveness
The ability of an organization to implement strategies that secure a competitive edge and achieve desired outcomes efficiently.
- Gain insight into the attributes of competitive advantage and the contributing factors to its sustenance.
Verified Answer
Learning Objectives
- Gain insight into the attributes of competitive advantage and the contributing factors to its sustenance.
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