Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
Jarrod's drug store has a narrow competitive scope and low cost as its source of competitive advantage. Jarrod uses Cost Focus porter's generic business strategies.
A company's ability to outperform all of the alternatives available to customers is what it refers to as having a competitive advantage. This techniques can be used to any country, organization, or person in a situation of competition.
A merchant with the lowest pricing, for instance, has an advantage over others with higher prices in the marketplace. The merchandise from that retailer may be more alluring due to its low costs than alternative, more expensive ones. A company needs to offer a clear benefit to its target market that is superior to what the competitor has to offer in order to have a competitive advantage.
To know more about competitive advantage
brainly.com/question/24172778
#SPJ4
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.
