littlegml25 littlegml25
  • 25-03-2022
  • Business
contestada

Why do you think companies have a sustainable competitive advantage?

Respuesta :

XiceExpert
XiceExpert XiceExpert
  • 25-03-2022

Answer:

Sustainable competitive advantage is the key to business success. It is the force that enables a business to have greater focus, more sales, better profit margins, and higher customer and staff retention than competitors.

Explanation:

A great example of a sustainable competitive advantage based on human emotions is Coca-Colabranding. Coca-Cola is successfully positioning its products as happy, meaning that they bring joy, harmony, etc. When you try to serve everyone, you serve no one.

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