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Examveda

___________arises when a firm is able to perform an activity that is distinct from competitors

A. competitive advantage

B. focus

C. cost leadership

D. logic

Answer: Option A

Solution(By Examveda Team)

Competitive advantage arises when a firm is able to perform an activity that is distinct from competitors. Competitive advantage refers a company's ability to outperform rivals due to unique, high demand, or superior quality products or services.

This Question Belongs to Management >> Strategic Management

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