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DQ: Strategies to achieve a competitive advantage DQ: Strategies to achieve a competitive advantage Warren Buffet has been successful in picking winners. He has said that, “The key to investing is not assessing how much an industry is going affect society, or how much it will grow but rather determining the competitive advantage of any given company and above all, the durability of that advantage”. The term competitive advantage refers to a unique advantage a company has over the company offering comparable goods and services, allow it to generate higher sales volumes, or attract more customers. In establishing a strategic

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