Sources of Sustainable Competitive Advantage Include

question 18

Multiple Choice

Sources of sustainable competitive advantage include:

• A) product differentiation where customers have low price sensitivity),
• B) low cost where customers have high price sensitivity),
• C) a combination of product differentiation and cost-leadership.
• D) a, b and c i. none of the above

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Definitions:

Preferential Trade Zones

Designated areas in which goods may be landed, handled, manufactured, or reconfigured, and re-exported without the intervention of customs authorities.

Organizational Missions

The foundational goals and objectives that define the purpose and direction of an organization.

Strategies

Long-term plans of action designed to achieve a particular goal or set of objectives, particularly in the context of business, military, or political operations.

Delivery Reliability

The ability of a company to deliver products or services to customers within the promised time frame consistently.