In Analyzing Competitive Advantage, You Will Need to Ask Three

question 16

Multiple Choice

In analyzing competitive advantage, you will need to ask three questions. Among these are:

• A) Cost structure - are you at a cost advantage or disadvantage?
• B) What is your unique selling proposition? What do you have that competitors cannot or will not match?
• C) Competitive offers - how do you compare with competitors on a feature-by-feature basis?
• D) All of the above.

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Definitions:

Sterile

Without any organisms.

PPE

Personal Protective Equipment; gear worn to minimize exposure to hazards that cause serious workplace injuries and illnesses.

Sterile Field

A specific area, often in a medical setting, that is kept free of all microorganisms to prevent infection during procedures.

Acetic Acid

An organic compound with the formula CH3COOH, best known for giving vinegar its sour taste and pungent smell.