Within the streaming services industry, there are 3 main competitors: Firm A. Firm B, and Firm C. At the end of the fiscal year each firm's management team creates a plan for the upcoming year. Firm A decides to work on creating additional popular content and building a robust viewer base for their originals. Firm B decides not to reinvest their profits into the firm, giving them a higher accounting profit compared to their competitors. Firm C has contracts for exclusive rights to streaming in Latin America and they focused on creating more telenovelas for the upcoming year. Which of the following statements correctly describes how Firm A approaches maximizing their competitive advantage compared to their competitors? Firm A works to add value to their products, so customers are willing to pay more. Firm A focuses on maintaining product quality while cutting the cost of production. Firm A does not consider their competitive advantage over competitors when making strategie decisions. Firm A has a monopoly on their product and does not need to consider their competitive advantage. Firm A considers their financial measures over competitive advantage when making strategic decisions