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The Size of a Firm's Competitive Advantage Is the Sum

question 75

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The size of a firm's competitive advantage is the sum of the economic value a firm is able to create and the economic value rivals are able to create.


Definitions:

Offensive

Describes behavior, materials, or actions that are upsetting, insulting, or objectionable to individuals or groups.

Battery

An intentional unpermitted act causing harmful or offensive contact with the "person" of another.

Gas Can

A portable container designed for the storage and transportation of gasoline.

Property

Assets or possessions owned by individuals or entities, ranging from real estate to intellectual property, legally recognized and protected.

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