Which of the Following Refers to Any Factors That Allow

question 67

Multiple Choice

Which of the following refers to any factors that allow a company to differentiate its product or service from those of its competitors to increase market share?

• A) functional strategy
• B) competitive advantage
• C) distinctive competence
• D) competitive focusers
• E) related diversification

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Definitions:

Exodusters

African Americans who migrated from states along the Mississippi River to Kansas in the late nineteenth century, seeking political and economic freedom.

Kansas Farmers' Alliance

An organized agrarian economic movement among farmers in Kansas in the late 19th century that worked for their mutual benefit and protection.

Time Zones

Regions of the globe that have been divided into standardized time areas, each typically one hour apart, to facilitate uniform time-keeping.

Newlands Reclamation Act

A 1902 U.S. law that funded irrigation projects for the arid lands of 20 states in the American West, promoting agriculture and settlement.