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WebOct 2, 2024 · So, a competitive advantage is anything which can help you to outmaneuver your competition. It can be price, unique value proposition, better product, better … WebHow can a firm develop a competitive advantage? Multiple Choice Hire better managers who use value-chain analysis. Provide massive discounts on products or services to … al laza
Competitive Advantage Definition with Types and …
WebSep 5, 2024 · With advancements in technologies and ever-growing innovations as work culture, businesses have become highly competitive. Today every company’s ultimate goal is to remain relevant during the continually changing market trends by creating value propositions for their clients. WebSep 12, 2024 · A competitive advantage is a point of difference between a firm and its competitors that is valued by potential clients. Having a lower cost structure or greater … WebIn such competitive environment resulted from globalization, firms must create more dynamic strategy over their competitor to survive in the business sector. Due to competition from various companies alla zats