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The amount of money spent on advertising is not directly related to competitive advantage.
Distribution channels are not directly related to competitive advantage.
A company is said to have competitive advantage when it is more profitable than the average company in its industry. Profitability does not create competitive advantage, though. It is the other way around. Competitive advantage is required in order to have high profitability. Thus, in order to increase profitability and sustain profit growth, managers need to formulate strategies that will give their company a competitive advantage.
While it may be important for the company to quickly distribute its product, this is not directly related to competitive advantage.