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Which Statement Below Is Most Accurate

question 2

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Which statement below is most accurate?


Definitions:

Competitive Advantage

A situation or factor that gives a business an advantage or a better standing in relation to its competitors.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Franz Colruyt

A Belgian entrepreneur, known for founding the Colruyt Group, a major retail corporation specializing in discount supermarkets within Belgium and other areas.

SWOT Analysis

A strategic planning tool used to identify and assess an organization's Strengths, Weaknesses, Opportunities, and Threats.

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