Respuesta :
It is rare for suppliers to be required to invest in specialist assets, despite the fact that corporations may do so to gain a competitive advantage.
What is competitive advantage?
Having access to natural resources like high-grade ores or a cheap supply of energy, highly skilled labor, a strategic location with low barriers to entry, and the ability to use cutting-edge technology and confidential knowledge are all examples of competitive advantages. A few of the objections of comparative advantage are attempted to be addressed by competitive advantage. The idea that there is always cheap labor available and that natural resources are not essential for a healthy economy is the foundation of competitive advantage. The alternative hypothesis, comparative advantage, can force nations to focus on exporting basic goods and raw materials, which can keep nations in low-wage economies owing to trade terms. By focusing on optimizing scale economies in commodities and services that command premium prices, competitive advantage seeks to address this problem.
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