Developing a single source of competitive advantage Blank______.Multiple choice question.guarantees the company will be successfulis often not sufficient to develop a sustainable competitive advantageis not necessary to compete in the retail sectoris too much work and does not provide a good return on investment
Question
Developing a single source of competitive advantage Blank______.Multiple choice question.guarantees the company will be successfulis often not sufficient to develop a sustainable competitive advantageis not necessary to compete in the retail sectoris too much work and does not provide a good return on investment
Solution
The correct answer is: "is often not sufficient to develop a sustainable competitive advantage".
This is because a single source of competitive advantage can be easily replicated by competitors. Therefore, to develop a sustainable competitive advantage, companies often need to leverage multiple sources of competitive advantage. These can include superior technology, talented employees, efficient processes, strong brand, etc.
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