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Below is a list of five American companies. After choosing one of them, use the following article What Is Competitive Advantage? as a basis for
- Below is a list of five American companies. After choosing one of them, use the following article What Is Competitive Advantage? as a basis for examining the company's competitive advantage.
- J.M. Smucker (food company)
- Harley-Davidson (motorcycle company)
- The Andersons (agricultural logistics company)
- Nvidia (chip and artificial intelligence company)
- Tesla (electric vehicles and social media company)
- give me how your firm of choice could use economics to either creating a competitive advantage in the marketplace or perhaps reinforce its already-achieved competitive advantage. Make sure you address the full range of economic issues, including scarcity, markets/competition, pricing power (price elasticity), costs, market structure, macroeconomic climate, and global market positioning. Note, not all of these companies have a global strategy in place. Should they? Explain your answer. answer this and I need 5 references
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