At Westonci.ca, we provide reliable answers to your questions from a community of experts. Start exploring today! Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.
Sagot :
For a firm to sustain any competitive advantage over time, the fit between its internal strengths and external environment needs to be dynamic.
How can a firm maintain its advantage over rivals?
Cost Leadership, Differentiation, and Focus are the three methods for creating a competitive advantage (Cost-focus and Differentiation-focus).
Why should businesses create a long-lasting competitive advantage?
The secret to business success is maintaining a sustainable competitive advantage. It is the driving force behind a company's increased focus, increased sales, improved profit margins, and stronger customer and employee retention than rivals.
learn more about firm to sustain any competitive advantage here https://brainly.com/question/16101275
#SPJ4
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.
