In order for a competitive advantage to be sustainable, it must be nonsubstitutable. Which of...

80.2K

Verified Solution

Question

Accounting

image
In order for a competitive advantage to be sustainable, it must be nonsubstitutable. Which of the below is the best explanation for this criterion? Competitors will be unable to develop a similar product any time in the near future Competitors cannot sustain an imitation of the firm's strategy There are no products/services that perform the same or similar function It is not possible for competitors to create a comparable level of value with a different technique

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students