Question: Explain Competitive advantage The design capability of Apple is based on 10 resources. Each of these resources can be copied by an imitator to the
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Competitive advantage The design capability of Apple is based on 10 resources. Each of these resources can be copied by an imitator to the extent of 80%. In other words the probability of copying each of these resource is 0.8. In such a situation, what is the probability of copying the design capability of Apple by an imitator? Competitive advantage From https://industryoutlook.cmie.com/ collect data concerning sales, profit after tax, net worth and total asset for any company and the corresponding industry for 2019-20: Selected financial data (Figures in Millions of Rupees) - 2019-20
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