Ask Question
BusinessBusiness
19 December, 22:44

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?

+5
Answers (1)
  1. 19 December, 23:00
    0
    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.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which part or parts of this paragraph indicate that Rolid is preparing a budget to plan his finances? Rolid is a 25-year-old man who is very social by nature. He works for a financial services company.
Answers (1)
Econ Questions : 1. How do member banks of the Federal Reserve differ from other depository institutions? They participate in the Federal Open Market Committee. / They receive services from the regional Federal Reserve Bank.
Answers (1)
The demand for silver decreases, other things equal, when
Answers (1)
As the beneficiary of a business trust, kevin's liability for trust debts and obligations is limited to his capital investment in the trust. limited to his personal assets. nothing. unlimited.
Answers (1)
What information is provided by the uninoculated control in nitrate reduction test?
Answers (1)
New Questions in Business
Five years ago, Weed Go Inc. earned $1.50 per share. Its earnings this year were $3.20. What was the growth rate in earnings per share (EPS) over the 5-year period? Group of answer choices a. 18.94% b. 18.04% c. 16.36% d. 17.18% e. 15.54%
Answers (1)
The starting salaries of individuals with an MBA degree are normally distributed with a mean of $40,000 and a standard deviation of $5,000. Refer to Exhibit 6-4.
Answers (1)
E. If the market price of wheat instead falls to $20.00 per bushel, how much wheat will Ali choose to produce per month in order to maximize his profits in the short run?
Answers (1)
Constantine purchased 100 shares of IBM stock several years ago for $150 per share. The price of these shares has fallen to $55 per share. Constantine's investment strategy is "buy low, sell high.
Answers (2)
An interest rate that remains the same throughout the entire loan repayment period
Answers (1)
Home » Business » 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?
Sign Up Forgot Password?