Competitive Advantage Can Be Achieved Through

question 62

Multiple Choice

Competitive advantage can be achieved through:

• A)quality products that command a premium price
• B)excellent advertising that creates and maintains product differentiation
• C)low production costs and low prices
• D)strong channels of distribution
• E)all of the above.

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Definitions:

Algeria

A North African country with a rich history that was a French colony from 1830 until it achieved independence in 1962.

Nuclear Power

The use of nuclear reactions that release nuclear energy to generate heat, which most frequently is then used in steam turbines to produce electricity in a nuclear power plant.

Soviet Union

A former socialist state that existed from 1922 to 1991, comprised of Russia and several surrounding countries, known for its role in global politics during the 20th century.

Britain

A country located off the northwestern coast of mainland Europe, comprising England, Scotland, and Wales.