A competitive strategy may be defined as a long-term plan of action that a company devises towards achieving a____ over its competitors after examining the strengths and weaknesses of the latter and comparing them to its own.( )
A: niche market
B: competitive advantage
C: stronger customer loyalty
D: higher market share
A: niche market
B: competitive advantage
C: stronger customer loyalty
D: higher market share
举一反三
- 1. A competitive strategy may be defined as a long-term plan of action that a company devises towards achieving a _______ over its competitors after examining the strengths and weaknesses of the latter and comparing them to its own.
- A firm can be said to have competitive advantage when it has higher stock market valuations than its competitors.
- 6.When an enterprise is in a wide market and its competitive advantage is differentiated, then it can be seen that the basic competitive strategy of the enterprise is A: Differential focus strategy B: High difference positioning strategy C: Low cost positioning strategy D: Cost focus strategy
- A firm in a perfectly competitive market will tend to expand its output as long as: A: its marginal revenue is positive. B: the market price is greater than the marginal cost. C: its marginal revenue is greater than the market price.
- If a firm in a perfectly competitive market tries to raise its price above the going market price, then: