Competitive Advantage
2024-07-05
Competitive advantage refers to the unique strengths or attributes that enable a business to outperform its competitors. It allows a company to create superior value for customers and achieve a sustainable position in the market. Competitive advantages ca
Competitive advantage refers to the unique strengths or attributes that enable a business to outperform its competitors. It allows a company to create superior value for customers and achieve a sustainable position in the market. Competitive advantages can be based on cost leadership, differentiation through unique products or services, or a focus strategy that targets a specific market segment
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