dereck4764 dereck4764

28-01-2020
Business

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Which of the following does a firm possess when it can outperform other firms in the same industry or the industry average over a prolonged period of time?1. consistent power position2. sustainable competitive advantage3. strategic positioning4. long-term capital gain

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fakunle32 fakunle32

28-01-2020

Answer:

sustainable competitive advantage

Explanation:

Sustainable competitive advantage refers to the abilities of a company that allows the company or firm to outperform its competitors and provide a superior or favorable long term position over competitors.

It allows the firm to have better sales, more profit margin, more customers and a larger market share than its competitors in the same industry

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