What Are Two Broad Choices When It Comes to a New

question 21

Multiple Choice

What are two broad choices when it comes to a new venture's competitive advantage?

• A) Low price or high price
• B) Customer service or high price
• C) Cost advantage or non-cost-differentiation advantage
• D) Trade secrets or cost advantage

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Definitions:

Reduced Circulation

A condition where blood flow to certain parts of the body is limited or blocked, affecting the delivery of oxygen and nutrients.

Sleepwalking

A disorder occurring during deep sleep in which an individual performs activities they are normally capable of only while awake, with limited consciousness and recollection.

Sleeptalking

The act of speaking during sleep without being aware of it, a phenomenon that can occur in any stage of the sleep cycle.

Narcolepsy

A chronic sleep disorder characterized by overwhelming daytime drowsiness and sudden attacks of sleep, often accompanied by loss of muscle tone triggered by strong emotions (cataplexy).