Marketing: Real People, Real Choices (9th Edition)
Marketing: Real People, Real Choices (9th Edition)
9th Edition
ISBN: 9780134292663
Author: Michael R. Solomon, Greg W. Marshall, Elnora W. Stuart
Publisher: PEARSON
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Chapter 1, Problem 10QA
Summary Introduction

To determine: The term competitive advantage with respect to a business firm and the ways in which a firm can gain competitive advantage over it rivals.

Introduction: Competitive advantage is trait that allows a company to give output better than its competitors. In the words, it provides leverage to the company in a business over its competitor thus making them perform better.

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