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What is an Economic Moat? #shorts | upGrad
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What is an Economic Moat?
Conceptualized and named by Warren Buffett, an economic moat is a distinct advantage a company has over its competitors which allows it to protect its market share and profitability.
It is often an advantage that is difficult to mimic or duplicate (brand identity, patents) and thus creates an effective barrier against competition from other firms.
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Stay career-ready and stand out in this ever-growing job market by upskilling with Industry relevant courses from upGrad.
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Stay on top of your industry by interacting with us on our social channels:
#upGrad #LearnWithupGrad #upgradnow #MOAT #mba #business
Conceptualized and named by Warren Buffett, an economic moat is a distinct advantage a company has over its competitors which allows it to protect its market share and profitability.
It is often an advantage that is difficult to mimic or duplicate (brand identity, patents) and thus creates an effective barrier against competition from other firms.
__________________________________________________________________________
Stay career-ready and stand out in this ever-growing job market by upskilling with Industry relevant courses from upGrad.
_________________________________________________________________________
Stay on top of your industry by interacting with us on our social channels:
#upGrad #LearnWithupGrad #upgradnow #MOAT #mba #business
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