Business Studies, asked by odhorasaima973, 1 month ago

how a firm can enjoy competitive advantages

Answers

Answered by tanishgupta886
2

Explanation:

A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices. ... By contrast, the differentiation focus and cost focus strategies are adopted in a narrow market or industry

Answered by royalhappinessforeve
2

Answer:

A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices. ... By contrast, the differentiation focus and cost focus strategies are adopted in a narrow market or industry.

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