Competitive advantage 1) The ability of an organization to beat its competition. 2) Depends on the organization’s resources and capabilities. a. Only 1 is correct b. Both 1 and 2 are correct c. Both 1 and 2 are not correct d. Only 2 is correct

Competitive advantage 1) The ability of an organization to beat its competition. 2) Depends on the organization’s resources and capabilities. a. Only 1 is correct b. Both 1 and 2 are correct c. Both 1 and 2 are not correct d. Only 2 is correct

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Competitive advantage 1) The ability of an organization to beat its competition. 2) Depends on the organization’s resources and capabilities.

Only 1 is correct

Both 1 and 2 are correct

Both 1 and 2 are not correct

Only 2 is correct

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