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30 April, 06:43

Which of the following is a firm effect that has an impact on the competitive advantage of a firm?

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  1. 30 April, 09:46
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    The most important effect for a firm is the value and the cost position in relation to other firms that represent their competitors. Something very imprtant for business success is the fact that managers need to keep in mind that competitive advantage is determined jointly by industry and firm effects.
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