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competitive advantage vs comparative advantage
Lina - 07/27/2020, 8:10 pm

Can anyone please explain me the difference between competitive advantage and comparative advantage?

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Varun-62811 - 07/28/2020, 11:14 am

Competitive Advantage results when a strategy is put in place that differentiates an organization from another. Comparative advantage occurs when economies of scale provide a less costly way of doing something.

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Lina - 07/28/2020, 8:33 pm

Thank you