Chapter 9, Problem 7RDQ

Summary Introduction

To explain:

Whether the given statement is justiciable or not along with the example to make the statement.

Introduction:

Competitive advantage is the approaches that allow an organization or a nation to produce goods and services of the same values at a low price or in a more reliable way. Such conditions allow the manufacturers to produce more sales and margins compared to its market competitors. Competitive advantage is beneficial for the non-profit organization as compared to the profit organization because non-profit organizations do not rely on profit. The main objective of the non-profit organization is to enhance their reputation and image in the market.