Match the term with its definition.
-A benefit that exists when a firm has a product or service that is seen by its target market as better than that of competitors
A)capabilities
B)competitive advantage
C)competitive environment
D)core competencies
E)cost-based strategy
F)differentiation-based strategy
G)entrepreneurial alertness
H)fatal flaw
I)feasibility analysis

Question

Quizplus · Accepted Answer

Competitive advantage is defined as a benefit that exists when a firm has a product or service that is seen by its target market as better than that of competitors.

Match the Term with Its Definition