A company's value-creating activities can offer a competitive advantage in one of two 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 can offer a competitive advantage by contributing to greater efficiency and lower costs, which can provide a company with the ability to offer lower prices than competitors without sacrificing profitability. Additionally, these activities can provide a basis for differentiation as they can allow a company to offer unique features or quality that sets them apart from competitors.

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