A company's value-creating activities can offer a competitive advantage in one of these ways.
A)contribute to greater efficiency and lower costs and provide a basis for differentiation.
B)contribute expense savings and enhance product exclusivity.
C)reduce cost disadvantages and market price anomalies.
D)contribute customer experience value and conserve operating functionality.
E)contribute to competitive assets and discontinue distinctive competencies.

Question

Quizplus · Accepted Answer

Value-creating activities that contribute to greater efficiency and lower costs can help a company produce products or services at a lower cost than competitors, providing a competitive advantage. Additionally, these activities can also provide a basis for differentiation by enabling the company to offer lower prices to customers.

Note: Choices B, C, D, and E do not accurately reflect the ways in which value-creating activities can provide a competitive advantage.

A Company's Value-Creating Activities Can Offer a Competitive Advantage in One