Instructions: Answer the following prompt - How can a company measure its competitive advantage? How does a firm know if it is gaining or losing competitive advantage? Cite a global company and its...

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Instructions:Answer the following prompt -How can a company measure its competitive advantage? How does a firm know if it is gaining or losing competitive advantage? Cite a global company and its source of competitive advantage.
Answered 4 days AfterApr 14, 2022

Solution

Anurag answered on Apr 18 2022
7 Votes
Competitive Advantage of a Company        4
COMPETITIVE ADVANTAGE OF A COMPANY
Table of Contents
Competitive Advantage of a Company    3
References    5
Competitive Advantage of a Company
    The competitive advantage is an element that permits an association or state to make services or goods of identical worth at a less expensive manner or in a more wanted way than its rivals (Anwar, 2018). Associations can decide whether their things are minimal expense by means of evaluating or great quality through peculiarity, where their worth is more prominent than that of their adversaries comparative with the market.
Very Few organizations know whether they could lose or gain a competitive edge if another firm competes by offering cheaper pricing for the same...
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