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Questions and Answers
Competitive Advantage refers to an entity's goods or services being superior to available options in the market.
Competitive Advantage refers to an entity's goods or services being superior to available options in the market.
True (A)
Competitive Advantage means having the same performance as competitors in the same industry.
Competitive Advantage means having the same performance as competitors in the same industry.
False (B)
Superior performance in Competitive Advantage means being better than competitors in the same industry or industry average.
Superior performance in Competitive Advantage means being better than competitors in the same industry or industry average.
True (A)
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