If large market-share is thought of as a company resource, it can be valuablebec

Question

If large market-share is thought of as a company resource, it can be valuablebecause it reduces costs through economies of scale and rare because only one company can have the largest market share in the industry. Large market share can help sustain competitive advantage if

Question 8 options:

A. it is difficult to imitate.

B. employees have the right incentives.

C. it creates higher willingness to pay.

D. it is based on low switching costs.

A. it is difficult to imitate.

B. employees have the right incentives.

C. it creates higher willingness to pay.

D. it is based on low switching costs.

Explanation / Answer

The correct answer is option A.

The distinctive competency is nothing but the unique ability of the company that makes it superior over other companies. It is difficult to imitate distinctive competence because the competing firm might not understand its nature and character as the company focus on keeping the information secure to sustain competitive advantage.

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