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Sagot :
When people consider purchasing a good, they (D)May evaluate and compare a variety of factors.
- A good or service that customers of a company regard more highly than comparable offerings from a rival.
- Land, labor, capital, entrepreneurship, and knowledge are the components of production.
- Entrepreneurship and knowledge appear to be the most crucial of these.
- According to our research, there are six main ways to distinguish yourself from the competition: price, reputation/image, relationships, reputation/image management, routes of distribution, and product.
What is a competitive advantage in business?
- Anything that gives a business an edge over its rivals, enabling it to draw in more clients and increase its market share, is considered a competitive advantage.
- Three main types of competitive advantages are possible: Cost advantage is the ability to produce a good or deliver a service for less money than rivals.
Learn more about competitive advantage in business brainly.com/question/14486110
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