Question

Sustainability of an advantage is the ability of a firm to protect its competitive advantage. truw or flase

Answer 1

It is true that a company's capacity to safeguard its competitive advantage is a sign of sustainability of an advantage.

Sustainability, in its broadest meaning, refers to the capacity to continue supporting or maintaining a process across time. Sustainability in business and policy aims to stop the depletion of natural or physical resources so that they will be accessible in the long run.

sustainability policies therefore emphasize the long-term impact of any particular policy or corporate practice on people, ecosystems, and the overall economy. The idea is frequently associated with the conviction that the state of the planet will become irreparably damaged unless significant changes are made to how it is managed.

As awareness of anthropogenic global warming, biodiversity loss, and pollution has grown, the world has begun to embrace sustainability practices and policies, primarily through the adoption of sustainability corporate practices and increased financial expenditures in green technologies.

Learn more about sustainability here

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