Describe what is a competitive advantage and give an
example. (200 word)
80.2K
Verified Solution
Link Copied!
Question
General Management
Describe what is a competitive advantage and give anexample. (200 word)
Answer & Explanation
Solved by verified expert
4.3 Ratings (1077 Votes)
Competitive advantage refers to the situation when any company or business is performing better than their competitors Competitive advantage can be achieved in form of more value to customers more efficiency high profits etc There are two types
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
