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

question 11

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 a broad or narrow market of 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:

Emoting

The expression of emotions, often through verbal communication but also through non-verbal means like facial expressions and body language.

Online Communities

Groups of people who interact with each other via the Internet, sharing common interests, goals, or characteristics, often within forums, social networks, or other digital platforms.

Successful

The achievement of set goals or objectives, often marked by a sense of accomplishment and recognition.

Social Network

A platform or structure made up of individuals or organizations that are interconnected through various forms of relationships, such as friendships, kinship, common interests, or economic exchanges.