A competitive advantage becomes a sustainable competitive advantage when other companies cannot duplicate the value a firm is providing to customers.
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Verified
Q8: Portfolio strategy is a corporate-level strategy that
Q9: Companies that succeed are often constantly re-examining
Q10: If retrenchment works, it is typically followed
Q11: Industry-level strategy is a corporate strategy that
Q12: There are four conditions that must be
Q14: Companies use their resources to improve organizational
Q15: A strategic group is a group of
Q16: Companies often choose a stability strategy when
Q17: The threat of substitute products or services
Q18: The three positioning strategies are cost leadership,
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