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A Creative, Distinctive Strategy That Delivers a Sustainable Competitive Advantage

Question 40

Multiple Choice

A creative, distinctive strategy that delivers a sustainable competitive advantage is important because


A) without a competitive advantage a company cannot become the industry leader.
B) without a competitive advantage a company is likely to fall into bankruptcy.
C) crafting a strategy that yields a competitive advantage over rivals is a company's most reliable means of achieving above-average profitability and financial performance.
D) a competitive advantage is what enables a company to achieve its strategic objectives.
E) how a company goes about trying to please customers and outcompete rivals is what enables senior managers to choose an appropriate strategic vision for the company.

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