The Second Step in Developing a Competitive Advantage Is to Turn

question 92

Multiple Choice

The second step in developing a competitive advantage is to turn a distinctive competency into a ________,one that is ________ to customers.

• A)service; important
• B)differential benefit; important
• C)need; differential
• D)popular culture; salient
• E)demand; significant

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Definitions:

Enduring Relationships

Long-lasting interpersonal connections characterized by emotional bonds, support, and mutual respect.

Social Isolation

A state in which an individual lacks a sense of social belonging, true engagement with others, and fulfilling relationships.

Political Freedom

The rights of individuals to participate in political life, including freedoms of speech, assembly, and the ability to vote and run for office.

Satisfying Relationships

Interpersonal connections that fulfill needs for companionship, affection, trust, and mutual respect, contributing to personal well-being and happiness.