Which of the Following Choices May Lead to Competitive Advantage

question 8

Multiple Choice

Which of the following choices may lead to competitive advantage? 1.new products,services,and business models; 2.charging less for superior products; 3.responding to customers in real time?

• A)1 only
• B)1 and 2
• C)2 and 3
• D)1 and 3
• E)1,2,and 3

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Definitions:

Aggressive Behaviour

A range of actions that can result in both physical and emotional harm to oneself, others, or objects in the environment, often stemming from frustration or threat.

Performance Advantage

The superior capability or efficiency demonstrated by an individual or system in executing a task compared to others.

Research Methods

Various strategies, techniques, and tools used to investigate questions and hypotheses in the scientific field.

Empirical Data

Information acquired by observation or experimentation that is used as a basis for knowledge creation or validation.