While There Are Many Routes to Competitive Advantage,they All Involve

question 22

Multiple Choice

While there are many routes to competitive advantage,they all involve

• A) building a brand name image that buyers trust.
• B) delivering superior value to buyers in ways rivals cannot readily match.
• C) achieving lower costs than rivals and becoming the industry's sales and market share leader.
• D) finding effective and efficient ways to strengthen the company's competitive assets and to reduce its competitive liabilities.
• E) getting in the best strategic group and dominating it.

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Definitions:

UV Light

Ultraviolet light, a type of electromagnetic radiation with wavelengths shorter than visible light, capable of causing chemical reactions and harmful effects to living organisms.

Vitamin D

A fat-soluble vitamin that is important for maintaining bone health, supporting immune function, and aiding in the absorption of calcium and phosphorus.

Stem Cells

Undifferentiated cells capable of giving rise to indefinitely more cells of the same type, and from which certain other kinds of cell arise by differentiation.

Mitosis

Nuclear division mechanism that maintains the chromosome number; occurs in stages (prophase, metaphase, anaphase, and telophase). Basis of body growth, tissue repair, and (in some organisms) asexual reproduction.