Explain the benefits of competitive advantage?

Marketing
20th Edition
ISBN:9780357033791
Author:Pride, William M
Publisher:Pride, William M
Chapter2: Planning, Implementing, And Evaluating Marketing Strategies
Section: Chapter Questions
Problem 1DYMP
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Explain the benefits of competitive advantage?

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Discuss how differentiation can help a company establish competitive advantage over its competitors. Using a business firm that exemplifies each sort of differentiation strategy, support your theoretical arguments with examples from the real world.

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