When can a company achieve sustainable competitive advantage?

Multiple Choice

whenever it possesses the most profitable business model in the industry and can satisfy shareholder expectations better than its competitors

when it consistently achieves both its long$-$term and short$-$term strategic and financial objectives

when it is able to produce better products for fewer costs than its rivals

if it can translate its vision, mission, and values into a well$-$crafted strategy

when elements of the strategy give buyers lasting reasons to prefer a company's products or services over those of competitors