How can firms achieve corporate advantage? Is it possible for a firm to stay abreast of...

How can firms achieve corporate advantage? Is it possible for a firm to stay abreast of important developments in the marketplace while at the same time appealing to multiple stakeholders?

Expert Solution

Firm can achieve corporate advantage by producing products which are of unique value and maintaining a Monopoly in the market along with producing such products which have got the pricing power in the hands of the firm.

Yes, it can be possible for form to stay abreast of various development in the market and they can be appealing to multiple stakeholders by using these developments in the market for maximization of the shareholders value and development of the better product for the customers.

jeff jeffy answered 2 years ago

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