How a company competes in the marketplace is defined as:

Question

Quizplus · Accepted Answer

Competitive priority refers to the specific factor or attribute that a company emphasizes in order to stand out from its competitors in the marketplace. This can include cost, quality, speed, flexibility, innovation, or other factors. Operations strategy and alliance development may be part of a company's overall competitive strategy, but they are not the same as competitive priority. Market segmentation is a way of dividing the overall market into smaller groups of customers with similar needs and characteristics, and may be part of a company's overall marketing strategy rather than its competitive strategy. Therefore, the best choice is C - Competitive priority.

How a Company Competes in the Marketplace Is Defined As