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what sets one organization apart from others and provides the firm with a distinctive edge for meeting marketplace needs is known as _____ a target market by decentralization c competitive distinction d competitive advantage e core competency

Sagot :

Parrain

Answer: Competitive Advantage

Explanation:

The competitive advantage of a company is that thing that gives it an edge over its competitors such that it sells more than them even though they offer similar products.

A competitive advantage is therefore what gives a company abnormal profits in a competitive market and is necessary to survive in the tough markets of the world. Walmart for instance, has the competitive advantage of getting goods at the cheapest rates which allows them to make higher profits when they resell.

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