Porter's value chain framework suggests that a competitive advantage can stem from:
A) Lowering costs and adding value
B) Reducing isolated costs
C) Disregarding customer data
D) Optimizing internal costs
E) Improving customer service

Question

Quizplus · Accepted Answer

Porter's value chain framework emphasizes that competitive advantage can be achieved by lowering costs and adding value to products or services, which enhances differentiation and efficiency.

Porter's Value Chain Framework Suggests That a Competitive Advantage Can