Organizations seek to gain a competitive advantage by differentiation,cost,or _________.
A)service
B)focus
C)profit
D)value
E)speed

Question

Organizations seek to gain a competitive advantage by differentiation,cost,or _________. 
A)service
B)focus
C)profit
D)value
E)speed

Quizplus · Accepted Answer

The three main strategies for gaining a competitive advantage are differentiation (offering unique products or services), cost leadership (offering products or services at a lower price than competitors), and focus (narrowing in on a specific market or customer segment). None of the other options listed fit within these three main strategies.

Organizations Seek to Gain a Competitive Advantage by Differentiation,cost,or _________