Examlex

Solved

Explain in Detail One Strategy by Which a Business Could

question 35

Short Answer

Explain in detail one strategy by which a business could gain a competitive advantage.


Definitions:

Promising Option

A potential solution or choice that shows substantial merit or advantage.

Reasonable Options

Choices or alternatives that are sensible and likely to bring about a desired outcome based on rational judgment.

Human Decision-Making

The cognitive process resulting in the selection of a belief or a course of action among several possible alternatives.

Promising Alternative

An option that shows potential to be effective or beneficial in comparison to others.

Related Questions