Which of the Following Principles of Competitive Advantage Is Related

question 38

Multiple Choice

Which of the following principles of competitive advantage is related to process implementations?

• A) creating new products
• B) locking in buyers
• C) enhancing services
• D) differentiating services

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Definitions:

Without Alteration

A term referring to maintaining the original state or condition of something without any changes or modifications.

Lack of Consideration

A legal concept indicating the absence of a necessary element in a contract, where one party does not provide a promised payment or service in exchange for the other's offering.

Failure of Consideration

A situation where the promised performance or payment in a contract is not fulfilled, leading to potential contract invalidation.

Real Defense

Real defense refers to a genuine, legally recognized reason or argument that can be used to justify or excuse an action or claim in a court of law.