Finding "competitive advantages" is important because they are needed for survival in increasingly competitive markets.

Question

Quizplus · Accepted Answer

Competitive advantages give a company an edge over its competitors, allowing it to attract and retain customers, increase market share, and ultimately survive and thrive in a competitive marketplace. Without competitive advantages, a company may struggle to stand out or differentiate itself from its competitors, putting its long-term success at risk.

Finding "Competitive Advantages" Is Important Because They Are Needed for Survival