A sustainable competitive advantage is related MOSTLY to conditions in Select one: a. Industry b. Market c. Team and culture d. Both A and C

D. Both A and C

Explanation:

Generally speaking, competitive advantage is a situation whereby a company has an edge over its competitors by offering consumers greater value for their money either in price or in quality.

Sustainable Competitive advantage are those advantages, assets, characteristics or features of a company that are difficult to imitate or better by competitors, which puts that company in a favorable (sustainable) long term superiority over its competitors.

From the above definitions it is clear that its concerned with the attributes of the company which is the industry itself and the team and culture and far less to do with the market.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.