Get detailed and accurate responses to your questions on IDNLearn.com. Discover prompt and accurate answers from our community of experienced professionals.
Sagot :
For a firm to sustain any competitive advantage over time, the fit between its internal strengths and external environment needs to be dynamic.
How can a firm maintain its advantage over rivals?
Cost Leadership, Differentiation, and Focus are the three methods for creating a competitive advantage (Cost-focus and Differentiation-focus).
Why should businesses create a long-lasting competitive advantage?
The secret to business success is maintaining a sustainable competitive advantage. It is the driving force behind a company's increased focus, increased sales, improved profit margins, and stronger customer and employee retention than rivals.
learn more about firm to sustain any competitive advantage here https://brainly.com/question/16101275
#SPJ4
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. For precise answers, trust IDNLearn.com. Thank you for visiting, and we look forward to helping you again soon.
