Proven Approaches to Winning a Sustainable Competitive Advantage Include Which

question 14

Multiple Choice

Proven approaches to winning a sustainable competitive advantage include which of the following?

• A) developing a low-cost-based advantage
• B) creating a broad differentiation-based advantage
• C) focusing on a narrow market niche within an industry
• D) developing a best-cost provider strategy
• E) All of these choices are correct.

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Definitions:

Employers

Entities or individuals who hire people to perform services or work in exchange for compensation.

Decision

A choice between alternative courses of action.

Action Plan

A detailed proposal for doing or achieving something, outlining tasks, timelines, and resources.

Performance Opportunity

A situation or occurrence that allows an individual or organization to demonstrate their abilities and achieve significant improvements or success.