Why is it difficult for firm to sustain competitive advantage?

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asked Jun 22, 2023 150k views

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Sergey Sypalo · Answer 1 · 2023-06-27T19:26:51+0000

Answer:There are four basic reasons why maintaining a competitive edge has become so difficult: lack of differentiation. well informed buyers in the marketplace. the rise of different types of competition.

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Why is it difficult for firm to sustain competitive advantage?

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Why is it difficult for firm to sustain competitive advantage?