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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?
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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?

User Evidica
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Answer: competitive advantage (sustainable)

Explanation: when a company has sustainable competitive advantage, it means it has characteristics, attributes, features, assets etc that has set it apart from its peers, often quite difficult to reproduce setting them in a position for long term market superiority.

User WILLIAM WOODMAN
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