What Is Sustainable Competitive Advantage? What Are Some Essential Characteristics

question 21

Essay

What is sustainable competitive advantage? What are some essential characteristics of company capabilities that can lead to sustainable competitive advantage?

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Definitions:

Numeric Amount

A quantity or value represented by numbers, often used in the context of financial or statistical data.

Negotiable Amount

A sum of money whose value can be altered or negotiated, often in the context of financial instruments or payments.

Drawee

The entity, usually a bank, upon which a check or draft is drawn and is responsible for paying the specified amount.

Routing Symbol

A code or number used to identify the destination or pathway for data packets within a network.