Answer:
False
Step-by-step explanation:
Simply cutting costs and boosting productivity alone may not necessarily result in a sustained competitive advantage. To achieve a competitive advantage, a company must implement a value-creating strategy that sets it apart from its competitors and is difficult to replicate. This can include a variety of factors, such as unique product features, strong branding, superior customer service, or innovative technology. Simply reducing costs and improving efficiency may be helpful, but it is not enough to ensure long-term success in a competitive market.