Which two major principles describe the extent to which a business has a competitive advantage?
A)Strategic goals and sound measurement
B)Strategic goals and workforce
C)Quantity and quality of products/services
D)Sound measurement and uniqueness
E)Perceived customer value and uniqueness

Question

Quizplus · Accepted Answer

Perceived customer value and uniqueness are two major principles that describe the extent to which a business has a competitive advantage. Perceived customer value is about how customers view the worth of the product or service, while uniqueness refers to how distinct the offerings are from competitors.

Which Two Major Principles Describe the Extent to Which a Business