A deep moat around its business often created by strong brands, high barriers to entry, patent protection etc — allowing a company to have a leg up against competitive threats.
Source: Approach to Risk Management September 27, 2005
A deep moat around its business often created by strong brands, high barriers to entry, patent protection etc — allowing a company to have a leg up against competitive threats.
Source: Approach to Risk Management September 27, 2005
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