Business Strategy Question:
Which of the following explanations best defines the meaning of hyper-competitive strategies?
Answer:
► A) Hyper-competitive strategies are about how to compete in fast changing business environments.
► B) Innovation in terms of bases of competitive strategy
► C) Hyper-competitive strategies are about building bases of sustainable differentiation.
► D) Hyper-competitive strategies acknowledge the bases of competitive advantage may not be sustainable and that disruption of the status quo may be important.
D) Hyper-competitive strategies acknowledge the bases of competitive advantage may not be sustainable and that disruption of the status quo may be important
► B) Innovation in terms of bases of competitive strategy
► C) Hyper-competitive strategies are about building bases of sustainable differentiation.
► D) Hyper-competitive strategies acknowledge the bases of competitive advantage may not be sustainable and that disruption of the status quo may be important.
D) Hyper-competitive strategies acknowledge the bases of competitive advantage may not be sustainable and that disruption of the status quo may be important
Previous Question | Next Question |
Why is game theory useful in developing competitive strategy? | Lock-in, as described by Hax and Wilde, is achieved when? |