The strategy on which firms are able to establish a competitive advantage are virtually endless.
The term "competitive advantage" refers to a company's ability to manufacture goods or provide services more effectively than its rivals. It enables a business to produce value for the business and its shareholders while achieving greater margins.
A competitive advantage is something unique to a firm or industry that cannot be easily imitated. Internally generated value is what differentiates the company from its rivals.
A corporation and its stockholders may gain more from competitive advantages due to specific advantages or situations. It is more difficult for competitors to overcome a competitive advantage the more robust it is.
Hence, option C is correct.
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