Which of the following may lead to competitive advantage? 1.New products,services,and business models;
2)Charging less for superior products;
3)Responding to customers in real time
A)1 only
B)1 and 2
C)2 and 3
D)1 and 3
E)1,2,and 3

Question

Quizplus · Accepted Answer

All three options can lead to a competitive advantage. New products, services, and business models can differentiate a company from its competitors. Charging less for superior products can attract more customers and increase market share. Responding to customers in real time can enhance customer satisfaction and loyalty, further strengthening a company's competitive position.

Which of the Following May Lead to Competitive Advantage? 1