A ________ Exists When a Firm Finds a Unique Position

question 45

Multiple Choice

A ________ exists when a firm finds a unique position in the market through a product or service.

• A)differentiation approach
• B)low-cost approach
• C)first-mover approach
• D)sustainable competitive advantage approach

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Definitions:

Positive Traits

Characteristics or qualities that are viewed favorably and contribute to the effectiveness or success of an individual.

Assertive Statement

A confident and direct expression of one’s thoughts, feelings, or beliefs without being aggressive.

Assertive Statement

A form of expression that confidently and directly communicates a person's needs, feelings, or opinions without aggression.

Interview

A formal meeting in which one or more persons question, consult, or evaluate another person.