A company with the ability to provide a unique product or service that offers something of value to buyers besides simply a lower price has which of the following advantages?

Question

Quizplus · Accepted Answer

A differential competitive advantage allows a company to stand out from competitors by offering a unique value proposition beyond just a lower price. This can come in the form of a superior product or service, better customer experience, or other distinguishing factor. This helps the company attract customers who are willing to pay a premium for the added value, and can lead to long-term loyalty and profitability.

A Company with the Ability to Provide a Unique Product