What Is a Competitive Advantage

question 253

Multiple Choice

What is a competitive advantage?

• A)a product that an organization's customers place a lesser value on than similar offerings from a competitor
• B)a feature of a product or service on which customers place a lesser value than they do on similar offerings from a supplier
• C)a service that an organization's customers place a lesser value on than similar offerings from a supplier
• D)a feature of a product or service on which customers place a greater value than they do on similar offerings from competitors

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Definitions:

Augmented Reality

Augmented reality is a technology that overlays digital information, such as images or sounds, onto the physical world, enhancing one's perception of reality.

Virtual Reality

A computer-generated simulation of a three-dimensional environment that can be interacted with in a seemingly real or physical way through the use of special electronic equipment.

Microprocessor

The CPU, made up of millions of transistors embedded in a circuit on a silicon wafer or chip.

Control Unit

Portion of the CPU that controls the flow of information.