Discuss How a Competitive Advantage Can Be Attained Through Differentiation

question 89

Essay

Discuss how a competitive advantage can be attained through differentiation using the value chain concept.

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Definitions:

Cyber Fraud

Cyber fraud involves deceptive and illegal activities conducted over the internet, including scams, identity theft, and unauthorized financial transactions.

Sports Memorabilia

Items related to sporting events or personalities that are collected for their historical interest, sentimental value, or potential investment value.

Auction Website

An online platform where goods or services are sold through a bidding process and awarded to the highest bidder.

Highest Bid

The largest amount of money offered for a good, service, or asset in an auction or competitive selling process.