Question

A toy store has acquired an edge over its competition that cannot be easily copied by its competitors. Which of the following has the store achieved?

A) Customer brand affiliation
B) Sustainable competitive advantage
C) Customer loyalty
D) Service excellence
E) Brand recall

Answer 1

B) Sustainable competitive advantage. The toy store has achieved sustainable competitive advantage.

Step-by-step explanation:

The toy store has achieved sustainable competitive advantage.

Sustainable competitive advantage refers to an edge or advantage that a company possesses over its competitors and that cannot be easily replicated by others in the market. In this case, the toy store has acquired a unique and valuable position in the industry that sets it apart from its competitors.

For example, the toy store may have a distinctive toy collection, exclusive partnerships with popular toy brands, or a highly efficient supply chain that allows it to offer competitive prices and a wide range of products. These factors create a barrier for other competitors to replicate the toy store's success.