Meaning of competitive advantage
{"Image DocumentName": "Meaning of competitive advantage", "Image ImageDescription": "Competitive advantage is reflected in two basic features: lower cost and differentiation (37) It is difficult, though not impossible, to be both lower-cost and differentiated relative to competitors. (38) Any successful strategy, however, must pay close attention to both types of advantage while maintaining a clear commitment to superiority on one. (38) 3rd important feature is competitive scope \u2014how broad industry is & how much of it firm covers. Fall 2007 NU-FAST Zahid Siddique.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}