Answer :
In this case, Argonaut has focused on gaining a strong competitive advantage through people differentiation. A company's ability to produce goods or services more effectively or more affordably than rivals is referred to as having a competitive advantage.
These elements allow the productive entity to outperform its rivals in the market in terms of sales or profit margins. Cost leadership, differentiation, defensive strategies, and strategic alliances are the four primary methods of gaining a competitive advantage. Competitive advantage refers to a company's ability to produce goods or provide services better than its competitors. It enables a company to generate value for itself and its shareholders by achieving superior margins.
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