A Competitive Advantage Refers to

question 195

Multiple Choice

A competitive advantage refers to

• A) the cluster of benefits that an organization promises customers to satisfy their needs.
• B) those characteristics of a product that make it superior to competitive substitutes.
• C) a unique strength relative to competitors that provides superior returns, often based on quality, time, cost, or innovation.
• D) actions taken by a firm with the sole intent of putting a competitor out of business.
• E) the added value given to a product beyond the functional benefits provided.

---

Definitions:

Representative Samples

A subset of a population that accurately reflects the members of the entire population.

Evolutionary Psychology

A theoretical approach in the social and natural sciences that explores psychological structures from an evolutionary perspective.

Sociobiologists

Scientists who study the biological basis of social behavior in animals and humans, often focusing on how evolutionary processes influence social behaviors.

Fertile Males

Refers to males who have the ability to reproduce, characterized by the production of viable sperm.