How firms compete with each other and how they attain and sustain competitive advantage is the essence of:

Question

Quizplus · Accepted Answer

Competing with other firms and achieving and maintaining a competitive advantage is the central focus of strategic management. Operations management deals with processes and systems for producing goods and services, financial management focuses on financial decision-making and management, and data management is the organization and analysis of data.

How Firms Compete with Each Other and How They Attain