While There Are Many Routes to Competitive Advantage,they All Involve

question 63

Multiple Choice

While there are many routes to competitive advantage,they all involve

• A) building a brand name image that buyers trust.
• B) delivering superior value to buyers and building competencies and resource strengths in performing value chain activities that rivals cannot readily match.
• C) achieving lower costs than rivals and becoming the industry's sales and market share leader.
• D) finding effective and efficient ways to strengthen the company's competitive assets and to reduce its competitive liabilities.
• E) getting in the best strategic group and dominating it.

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Definitions:

Bulbs

Underground storage organs, consisting of a short stem surrounded by fleshy scales (leaves), used for plant propagation.

Alternate Leaf

A pattern of leaf arrangement on a stem where each leaf emerges at different points, creating a spiral or alternate configuration.

Node

A point on a stem where leaves, branches, or flowers originate, often associated with growth and the formation of new tissue.

Arrangement

The action, process, or result of arranging or being arranged.