Question
. Describe competitive advantage and its four areas. Suppose you were a manager of a hotel in Nashville, TN, near the popular Broadway music district
. Describe competitive advantage and its four areas. Suppose you were a manager of a hotel in Nashville, TN, near the popular Broadway music district that primarily hosts tourists and musicians in town for gigs. Acknowledging that Airbnb, VRBO, and similar others are increasingly competitive, five examples of how you would maintain a competitive advantage in each of the four areas. For example, in area _____________ (provide an example of how you would maintain a competitive advantage in this area). Make sure your response is related to the prompt that is provided. If you are having difficulty with this concept, look it up. Retrieving an example will serve you well in understanding these concepts.
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