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Discuss the resource-based view of competitive advantage

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• Discuss the resource-based view of competitive advantage. Why is it important to understand organizational differences to use this approach?

• Briefly define what is meant by competitive advantage. Are competitive advantage and sustained competitive advantage identical concepts? Compare and contrast the two concepts.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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