Multiple Choice
A competitive advantage is considered to be a sustained competitive advantage when
A) the firm is able to spread the advantage to all of its business units.
B) it is able to maintain above-average profitability for a number of years
C) the advantage is very large.
D) the advantage was gained at a low cost.
E) the managers who developed the advantage are still employed at the firm.
Correct Answer:

Verified
Correct Answer:
Verified
Q6: The second component of the strategic management
Q7: Devil's advocacy<br>A) involves one group member being
Q8: Scenario-based planning is a technique for coping
Q8: Identify the levels of strategic managers and
Q9: The more efficient a company is, the
Q10: _ enables a firm to evaluate the
Q12: Mark Andreesen developed the first browser, known
Q14: According to Mintzberg's model, a realized strategy
Q15: A business unit is a self-contained division
Q16: A criticism of the rational planning process