A Company Can Use Products to Create Competitive Advantage by

question 94

Multiple Choice

A company can use products to create competitive advantage by

• A) differentiating its products.
• B) raising prices.
• C) adding products to its product line.
• D) increasing brand awareness.
• E) lowering prices.

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Definitions:

Strengths

The inherent capabilities, skills, and positive attributes that an individual or group possesses, which can be leveraged for personal growth or achieving goals.

Weaknesses

Aspects of an individual's character or skills that are less developed or present challenges in one's personal or professional life.

Analytical Psychology

A branch of psychology founded by Carl Jung that focuses on exploring the unconscious and its influence on the individual.

Jungian

Pertaining to the psychological theories of Carl Jung, focusing on concepts such as the collective unconscious, archetypes, and individuation process.