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Explain What Factors Determine the Sustainability of Company Competitive Advantage

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Essay

Explain what factors determine the sustainability of company competitive advantage and provide an example of this in action.


Definitions:

Unemployment Rate

The segment of the labor force that is currently jobless and engaging in job-seeking activities.

Deflation

A decrease in the general price level of goods and services, often indicating a contraction in the amount of money and credit in the economy.

Average Price Level

A general measure of price changes across the economy, indicating the cost of purchasing a typical basket of goods and services.

Unemployment Rate

The segment of the workforce that is out of work and actively pursuing job opportunities.

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