Superiority in competitive advantage refers to all of the following factors EXCEPT:Question 2Select one:a.Low costb.Customer servicec.Product qualityd.Unique style
Question
Superiority in competitive advantage refers to all of the following factors EXCEPT:Question 2Select one:a.Low costb.Customer servicec.Product qualityd.Unique style
Solution
The question is asking which of the following options does NOT refer to superiority in competitive advantage.
a. Low cost - This can be a competitive advantage if a company can offer the same quality products or services as its competitors but at a lower cost.
b. Customer service - Superior customer service can also be a competitive advantage. If a company is known for treating its customers well, it can attract more customers than a competitor who does not prioritize customer service.
c. Product quality - High product quality can definitely be a competitive advantage. If a company's products are known to be reliable and well-made, it can attract more customers.
d. Unique style - This is the option that does NOT necessarily refer to superiority in competitive advantage. While having a unique style can set a company apart, it does not automatically make it superior to its competitors. The style might be unique but not appealing to customers, or it might not be enough to overcome shortcomings in other areas like cost, customer service, or product quality. Therefore, the answer is d. Unique style.
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