Final answer:
Innovative business practices can give a company a competitive advantage over its rivals. Bernard's business is more successful than his competitors because of his innovative ideas and strategies. Being innovative allows Bernard to offer unique products or services and stay ahead of the competition.
Step-by-step explanation:
Innovative business practices can help a company gain a competitive advantage over its rivals. This means that Bernard's business is more successful than his competitors because his innovative ideas and strategies set him apart and give him an edge in the marketplace.
Being innovative allows Bernard to offer unique products or services, attract more customers, and potentially charge higher prices. It also helps him stay ahead of the competition by constantly adapting to changing customer needs and preferences.
Overall, Bernard's innovative approach gives him a competitive edge and contributes to the success of his business.