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Business Finance Capital Budgeting 1

Finding good investment projects can be a daunting task, particularlywhen the firm faces substantial competition from other firms that arealso looking for similar investment opportunities. Firms that operate inless competitive environments tend to be more profitable.  Goodinvestments mean looking for opportunities that are advantageous overthe few competitors in a market. 

What is an example of a product or service that would be a competitive advantage? In general what is a good investment?

Looking for an answer in about 125 or so words

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