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A ____exists when one brand is perceived to possess and deliver qualities and benefits that competitive brands do not possess.

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6 votes

Answer:

"competitive advantage

Step-by-step explanation:

A "competitive advantage" exists when one brand is perceived to possess and deliver qualities and benefits that competitive brands do not possess. This can include factors such as superior quality, unique features, lower prices, better customer service, or stronger brand recognition. A competitive advantage can help a brand stand out in a crowded marketplace, attract and retain customers, and ultimately achieve long-term success.

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