A company or store gains a(n)________ by differentiating its products and delivering more value.
A)competitive advantage
B)positioning advantage
C)cost advantage
D)efficiency advantage
E)synergy

Question

Quizplus · Accepted Answer

Competitive advantage refers to a company's ability to differentiate itself from its competitors and offer more value to its customers, which can lead to increased market share and profitability. This can be achieved through various means such as product differentiation, superior customer service, innovative marketing, or lower costs.

A Company or Store Gains A(n)________ by Differentiating Its Products