Examlex
In the following equation, which substance is being reduced?
Competitive Advantage
The attributes or circumstances that allow a company to produce goods or services better or more cheaply than its competitors.
Structure Characteristics
The inherent attributes and qualities that define the composition and framework of an organization, system, or physical object.
Product Differentiation
The process of distinguishing a product or service from others in the market to make it more appealing to a particular target market.
Barriers To Entry
describe the obstacles or hindrances that prevent new competitors from easily entering an industry or area of business.
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