Explain why the concept of competitive advantage is central to the study of strategic management

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section8.7: Strategic Positioning
Problem 1CC: How does strategic analysis help a firm develop its own strategic position?
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Explain why the concept of competitive advantage is central to the study of strategic management 

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