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Why is it important for companies to achieve competitive advantage? A) Competitive advantage guarantees a firms long-term success. B) Competitive advantages are impossible to overcome

Why is it important for companies to achieve competitive advantage?

A)

Competitive advantage guarantees a firms long-term success.
B)

Competitive advantages are impossible to overcome or imitate.
C)

Competitive advantages help to improve financial returns.
D)

Competitive advantages are inexpensive ways to build market power.

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