What are examples of core advantages? (Select those that apply) a. Superior user experience b. Locking up suppliers in exclusive contracts c. Customer service levels d. Network effects e. First mover advantage f. Intellectual property g. Low-cost structure

All of the options provided can be considered as core advantages depending on the context of the business or industry. Here's why:

a. Superior user experience: If a company can provide a better user experience than its competitors, it can lead to higher customer satisfaction and loyalty.

b. Locking up suppliers in exclusive contracts: This can be a core advantage as it ensures a steady supply of necessary resources and can potentially limit the resources available to competitors.

c. Customer service levels: High levels of customer service can differentiate a company from its competitors and lead to increased customer loyalty.

d. Network effects: This is when a product or service becomes more valuable as more people use it. This can be a significant advantage in industries like social media or e-commerce.

e. First mover advantage: Being the first to enter a market can provide a significant advantage as it allows a company to establish strong brand recognition and customer loyalty before competitors enter the field.

f. Intellectual property: Owning patents, trademarks, or copyrights can provide a company with legal protection against competitors copying their products or services.

g. Low-cost structure: If a company can provide its product or service at a lower cost than competitors, it can attract price-sensitive customers and potentially achieve higher profit margins.