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19 May, 05:33

What term is used to describe the advantages gained by a company that buys as many firms in the same industry as possible to grow its share of that market?.

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  1. 19 May, 06:19
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    Competitive advantage

    Competitive advantage describes the circumstances or conditions that put a firm at a superior position relative to its rivals. A company can acquire a competitive advantage through acquisitions which allow it to gain a bigger market share relative to its rivals.
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