Solved: Competitive advantage in the industry, Strategic Management

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Competitive advantage in the industry

Question 1: Can more than one firm have a competitive advantage in the industry at the same time? If no, why not? If yes, give an example.

Question 2: Is it possible for a firm to simultaneously have a competitive advantage and a competitive disadvantage? If no, why not? If yes, give an example.

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Strategic Management: Competitive advantage in the industry

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