Question

Why are innovation and product development considered to be crucial components of the search for competitive advantage?

Answer 1

Answer and Explanation: Innovation and product development are crucial components to gain competitive advantage because of how these factors can make the product or services rendered unique, which can help a business stand out against other competitors.

Answer 2

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Innovation and product development are crucial components to gain competitive advantage because of how these factors can make the product or services rendered unique, which can help a business stand out against other competitors.

Development considered to be crucial components of the search for competitive advantage.


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Answer - By Choudhary21