According to Teece $(2010),$ It is said that, whilst a business model is critical to ensure competitive advantage, it is also insufficient. What makes sustained competitive advantage difficult to achieve through business models?$$

Group of answer choices

The typical elements of the business model are quite transparent and lend themselves easily to imitation

Business models don't have much to do with competitive advantage, it's the strategy that matters more

Business models don't fit in the innovation funnel well, they are difficult to innovate.