How can a firm develop a competitive advantage?
a. Hire better managers who use value-chain analysis.
b. Provide massive discounts on products or services to drive away competition.
c. Reduce costs or add value.
d. Expand into more markets.
e. Require more capital to fund more projects.

Question

17-06-2024
Business

Answered

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How can a firm develop a competitive advantage?
a. Hire better managers who use value-chain analysis.
b. Provide massive discounts on products or services to drive away competition.
c. Reduce costs or add value.
d. Expand into more markets.
e. Require more capital to fund more projects.

Sagot :

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