SUSTAINABLE COMPETITIVE ADVANTAGE Definition

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SUSTAINABLE COMPETITIVE ADVANTAGE (SCA) is the realization of long-term benefits of implementing unique core strategies that create value. The sustainable advantage over competitors is due to their inability to duplicate the benefits of the strategies implemented.

Learn new Accounting Terms

DIRECT EXPENSE is that portion of expense that is directly expended in providing a product or service for sale and is included in the calculation of COST OF GOODS SOLD, e.g. labor and inventory.

BROKER is an individual or firm that acts as an intermediary between a buyer and seller, usually charging a commission.

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