How the law of variability has an impact on company profits

Assignment Help Operation Management

1. Describe how the law of variability has an impact on a company's profits.

2. Give an example of a firm's competitive advantage and how a firm can leverage this to stay profitable.

Could you please be kind enough and give me the answers?

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How the law of variability has an impact on company profits : Describe how the law of variability has an impact on a company's profits.

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