Competitive advantage is the ability to outperform one's competitors.

Competitive Advantage

A condition or position that allows a company or country to produce goods or services of equal value at a lower price or in a more desirable fashion than competitors.

Understand the concept of competitive advantage and its significance.

Verified Answer

Zybrea KnightJul 06, 2024

Final Answer :

True

Explanation :

Competitive advantage is defined as the ability of a company to outperform its competitors in the market.

Learning Objectives

Understand the concept of competitive advantage and its significance.

Competitive advantage is the ability to outperform one's competitors.

Definitions

Learning Objectives

Learning Objectives

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