Competitive Advantage
- Topics:
- Strategic Management Tools
- Source:
- University of South Carolina
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Overview: Competitive advantage of a firm is measured by how much more value the firm is able to provide to its customers as compared to its rival firms. This is directly related to the rate of economic profit earned by the firm in the market. The paper examines the computation of competitive advantage by discussing a numerical example.
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Format: HTML | Size: 57KB | Date: Jan 2003 | Pages: 14
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