Having a Competitive Edge Means Possessing an Advantage Over Your

question 92

True/False

Having a competitive edge means possessing an advantage over your competition.

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Definitions:

Intangible Assets

Assets that lack physical substance, such as patents, trademarks, and goodwill.

Physical Substance

The material form or physical presence of an asset, distinguishing tangible assets from intangible ones.

Market Forces

The natural dynamics of supply and demand that determine the prices and availability of goods and services in an economy without external influences.

Comparisons

The act or instance of examining the similarities and differences between two or more items.