Two Strategies That a Company Can Use to Gain a Competitive

question 5

Multiple Choice

Two strategies that a company can use to gain a competitive advantage are?

• A) Customer-Orientation and Operational Effective Strategy.
• B) Protection and Innovation Strategy.
• C) Mass Customization and Cost Leadership Strategy.
• D) Compliance and Innovation Strategy.

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Definitions:

Symbiosis

An interaction between two different organisms living in close physical association, typically to the advantage of both.

Mutualism

A type of symbiotic relationship between two species where both species benefit from the interaction.

Secondary Succession

The process of ecological recovery in an area where a biological community was partially removed but where soil remains.

Primary Succession

Ecological succession that occurs in an environment in which new substrate devoid of vegetation and usually lacking soil, such as a lava flow or area left from retreated glacier, is deposited.