read the article and answer the following questions

Read the article Competitive Advantage Period.pdf and answer the following questions;

a.  According the article, how is CAP defined? (hint, it has to do with time)

b.  In our lectures, I have added to the definition of CAP.  What is that addition? (hint, it too has to do with time)

c.  In the article, the author’s mention Warren Buffett several times.  How is CAP related to the way in which Warren Buffett invests?

 

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