Question $16(0\mathrm{.}4$ points$)$

What best defines a company's competitive advantage?

Question $16$ options:

The ability to influence and control external market forces more effectively than competitors.

Gaining an advantage by offering greater value through either more beneficial features or lower prices than competitors.

Adopting and integrating new technologies more quickly and effectively than competitors.

Matching the pricing of competitors while maintaining similar product quality.

Achieving broader business expansion into new geographic territories than competitors.