Match the Term with Its Definition

question 47

Multiple Choice

Match the term with its definition.
-A benefit that exists when a firm has a product or service that is seen by its target market as better than that of competitors

• A)capabilities
• B)competitive advantage
• C)competitive environment
• D)core competencies
• E)cost-based strategy
• F)differentiation-based strategy
• G)entrepreneurial alertness
• H)fatal flaw
• I)feasibility analysis

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Definitions:

Home Depot

A large retail company specializing in home improvement goods, tools, and construction products.

Drought in Maine

A prolonged period of abnormally low rainfall, leading to a shortage of water, specifically within the geographical area of Maine.

Standing-Room-Only Close

A sales technique that creates a sense of urgency by implying limited availability.

Digital Camera

A device that captures photographs in digital format, allowing for storage, display, and manipulation on computers.