Asked by Ramesh Suresh on Jul 03, 2024
Verified
Competitive advantage is the ability to outperform one's competitors.
Competitive Advantage
A condition or position that allows a company or country to produce goods or services of equal value at a lower price or in a more desirable fashion than competitors.
- Understand the concept of competitive advantage and its significance.
Verified Answer
ZK
Zybrea KnightJul 06, 2024
Final Answer :
True
Explanation :
Competitive advantage is defined as the ability of a company to outperform its competitors in the market.
Learning Objectives
- Understand the concept of competitive advantage and its significance.
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