Competitive Advantage Refers to

question 298

Multiple Choice

competitive advantage refers to

• A) the cluster of benefits that an organization promises customers to satisfy their needs.
• B) those characteristics of a product that make it superior to competitive substitutes.
• C) a unique strength relative to competitors that provides superior returns, often based on quality, time, cost, or innovation.
• D) actions taken by a firm with the sole intent of putting a competitor out of business.
• E) the cluster of benefits that an organization promises customers to satisfy their needs

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Definitions:

Commercial Brewery

A business that produces beer on a large scale, often incorporating various brewing techniques and marketing strategies to distribute products to a wider market.