The factors that makes mining sector have competitive advantage over it's competitors:
- Lower cost of production.
- Expanded product range.
- Sustainability of the company etc.
What Is a Competitive Advantage?
Competitive advantage is a term that connote those factors that helps a frim to produce goods or services in a more better or cheaper way than their rivals.
Note that those factors listed above often allow the productive the Mining sector to produce or have more sales or superior margins when compared to their competitors.
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