What Is the Basic Definition of a Competitive Advantage

question 4

Multiple Choice

What is the basic definition of a competitive advantage?

• A)a production innovation
• B)experience curves
• C)a set of unique features of a company
• D)efficient labour

---

Definitions:

Semi-annual Deposits

Deposits that are made twice a year into a financial account.

Retirement Fund

Financial resources that have been saved or accumulated to support a person's living expenses after they cease working.

Compounded Annually

Interest calculation method where the profit earned is added to the principal annually, enhancing the subsequent year's earnings.

Nominal Interest

The stated interest rate on a loan or investment, not accounting for inflation or compounding effects.