________ can be best defined as when an organization generates higher profits compared to its rivals.
A)Client advantage
B)Competitive advantage
C)Employer advantage
D)Unique value

Question

Quizplus · Accepted Answer

Competitive advantage can be defined as the ability of an organization to generate higher profits compared to its rivals. This could be due to various factors such as cost-effectiveness, innovative product offerings, customer satisfaction, and brand reputation. It helps a company to outperform its competitors in the market and gain a larger market share.

________ Can Be Best Defined as When an Organization Generates