69.3k views
3 votes
"What makes a competitive Advantage sustainable or durable as opposed to Temporary is

actions are elements in a strategy that called an attractive number of buyers that have lasting reasons to purchase a company's products or Services despite customers best efforts to nullify or overcome those reasons
long-term commitment to charging a lower price than rivals
developing a product or service that is of higher quality than what Rivals are offering
Developing a business model that enables a company to earn bigger profits per unit sold than rivals
providing the very best possible customer service"
A) Sustainable competitive advantage is achieved when actions or elements in a strategy attract a significant number of buyers with lasting reasons to purchase a company's products or services despite customers' efforts to nullify or overcome those reasons.
B) Sustainable competitive advantage involves a long-term commitment to charging a lower price than rivals.
C) Sustainable competitive advantage is attained by developing a product or service that is of higher quality than what rivals are offering.
Sustainable
D) competitive advantage comes from developing a business model that enables a company to earn bigger profits per unit sold than rivals.
E) Sustainable competitive advantage is maintained by providing the very best possible customer service.

User Dewy
by
7.8k points

1 Answer

4 votes

Final answer:

A sustainable competitive advantage is achieved by attracting a significant number of buyers with lasting reasons to purchase a company's products or services, despite customers' efforts to overcome those reasons. This can be achieved through various strategies such as offering lower prices, higher quality products, or superior customer service.

Step-by-step explanation:

Sustainable competitive advantage is achieved when actions or elements in a strategy attract a significant number of buyers with lasting reasons to purchase a company's products or services despite customers' efforts to nullify or overcome those reasons. This can be achieved through charging a lower price than rivals in the long-term, developing a product or service of higher quality than what rivals are offering, or creating a business model that enables the company to earn bigger profits per unit sold than rivals. Additionally, providing the very best possible customer service can help maintain a sustainable competitive advantage.

User RomanKonz
by
8.1k points