[SOLVED] A company achieves sustainable competitive advantage when
it gains a sufficiently large market share to become and remain the biggest company in the industry.
it has the highest sales revenues of any company in the industry.
its after-tax profits are larger than any other company in the industry.
an attractive number of buyers are drawn to purchase its products or services rather than those of competitors and when the basis for this preference is durable, despite the efforts of competitors to nullify or overcome the appeal of its product offering.
it is consistently able to charge a higher price than rivals and thereby maximize its profits.
