durable competitive advantage
What durable competitive advantage means in Business A-Level, as defined for AQA.
Definition of durable competitive advantage
Check what you remember
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Reference: AQA
An advantage judged by considering whether rivals can easily copy it, for instance a new machine versus a unique company culture.
Topics that use durable competitive advantage
- Operational management (AQA A-Level)
Related terms
- application to a named business
- capacity and flexibility
- competitive rivalry
- conflicting functional objectives
- cost against conscience
- cost leadership
- demand volatility and seasonality
- differentiation
Using durable competitive advantage in the exam
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