How Is Competitive Advantage Established

question 197

Multiple Choice

How is competitive advantage established?

• A)by providing more customer products than one's competitors
• B)by providing better quality than one's competitors
• C)by providing greater customer value for less cost than one's competitors
• D)by providing greater efficiencies than one's competitors

---

Definitions:

Damaged Products

Items that have sustained harm affecting their value, functionality, or appearance, typically occurring during manufacturing, shipping, or storage.

AIDA Strategy

A marketing model that outlines the process of attracting customer attention, maintaining interest, creating a desire for the product, and inducing action or purchase.

Desire

Desire is a strong feeling of wanting or wishing for something to happen or to possess something, often driving motivation and action.

Organized Strategy

A systematically planned approach to achieve predetermined goals, focusing on order and structure.