A long-term competitive advantage of a large firm can be based on low costs due to high market share and bargaining power.

Name: A long-term competitive advantage of a large firm can be based on low costs due to high market share and bargaining power.
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Question

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A large firm with a high market share can achieve low costs through economies of scale and increased bargaining power with suppliers, which can serve as a long-term competitive advantage.

A Long-Term Competitive Advantage of a Large Firm Can Be