Competitive Advantage Can Be Defined as

question 19

Multiple Choice

Competitive advantage can be defined as

• A)the difference between a firm's return on assets and its return on sales.
• B)a firm's ability to earn a persistently higher profit margin than its rivals.
• C)a firm's ability to earn a persistently higher profit rate than its rivals.
• D)a firm's ability to outwit its competitors.

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Definitions:

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