A company's ability to perform in more than one way, but competitor's cannot match is classified as __________?
Correct answer: D. competitive advantage
- A. comparative advantage
- B. relying advantage
- C. announcing advantage
- D. competitive advantage
Explanation
Competitive advantage exists when a company performs in ways that competitors cannot readily match. Comparative advantage usually refers to relative efficiency or lower opportunity cost, not necessarily an unmatched market position.
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