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When accounting for a business combination a contingent liability is recognised if:
Rival Behaviour
Actions or strategies adopted by companies in competition with one another to gain an advantage or market share.
Competitive Effectiveness
The ability of an organization to implement strategies that secure a competitive edge and achieve desired outcomes efficiently.
Sustainable Competitive Advantage
The enduring ability of a company to remain more efficient, profitable, or innovative than its competitors.
Competitive Advantage
A distinctive feature or standpoint enabling a company to surpass its rivals in performance.
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