Competitive advantage refers to the attribute which gives a company an upper

Competitive advantage refers to the attribute which

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operations of the company and hence increase in costs. Competitive advantage refers to the attribute which gives a company an upper hand in the market (Walther, 2020). In the SEC 10K report, it is required that the company disclose information to be in line with the business practices. For example, the report elaborates some of the risk factors faced by the company. This shows the weaknesses of the company which may give competitors a chance to invade the market with a better approach hence affecting the company. Further, Costco has also given the strategies used to achieve increased sales. Other competitors may take the information and use it hence ruining the competitive advantage.
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COSTCO WHOLESALE BUSINESS REPORT 4 References Costco Wholesalers. (2019). SEC Filing | Costco Wholesale Corporation. Retrieved 27 January 2020, from 6 Walther, L. (2020). Home - principlesofaccounting.com. Retrieved 27 January 2020, from
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