A ________ is anything that gives a firm an edge over rivals in attracting customers and defending itself against competition.

Question

Quizplus · Accepted Answer

Competitive advantage refers to anything that gives a firm an edge over its rivals, such as better pricing, superior product quality, more efficient operations, or enhanced customer service. Cultural privilege is not a commonly used term in business, while business bias and personal talent are not relevant in this context.

A ________ Is Anything That Gives a Firm an Edge