Question

The group of runners that finished behind Usain Bolt was closely bunched and were said to have competitive parity. Burger King and Wendy’s have a similar market share in the 5% range. Which of the following likely underlies the comparative parity of these firms?

a. They both target a similar customer base.
b. Their drive-through performance is poor.
c. They both compete against McDonald's.
d. They are primarily focused on hamburgers.
e. They have similar strategic resources and strategies

Answer 1

e. They have similar strategic resources and strategies

Step-by-step explanation:

They have similar strategic resources and strategies because they have competitive parity which means both the firms are performing competitively.