When an organisation has resources and capabilities that provide it with a distinctive edge for meeting customer or client needs in the marketplace,they are said to have a competitive advantage.

Question

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This statement is true. A competitive advantage is a factor that allows an organization to outperform its competitors in meeting customer or client needs in the marketplace. It can be achieved through having unique resources, capabilities, or strategies that are difficult for competitors to copy or imitate.

When an Organisation Has Resources and Capabilities That Provide It