Competitive advantage refers to the advantage over competitors gained by offering consumers greater value through lower prices and providing more benefits that justify higher prices( )
举一反三
- When prices are low people will buy more, and when prices are high they will buy ________. A: more B: higher C: less D: lower
- They realized that some of their prices were higher than their competitors’ , so they ______ prices accordingly.
- 中国大学MOOC: In ___________, there is more supply than demand, buyers are at an advantage and prices are low.
- New technology:( ) A: seldom contributes to competitive advantage or operational<br/>efficiency. B: seldom enables competitive advantage from product/service<br/>differentiation at lower cost. C: frequently enables competitive advantage from product/service<br/>differentiation at lower cost. D: frequently enables competitive advantage from product/service<br/>differentiation, but typically at a higher cost. E: frequently enables operational efficiencies, but seldom enables<br/>competitive advantage.
- Core competence refers to the source of a company's competitive advantage in the short term which brings short-term benefits to the company.