Author Question: Which of the following refers to any factors that allow a company to differentiate its product or ... (Read 39 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
Which of the following refers to any factors that allow a company to differentiate its product or service from those of its competitors to increase market share?
 
  A) functional strategy
  B) competitive advantage
  C) distinctive competency
  D) related diversification

Question 2

Companies like Ferrari are known as ________ because they carve out a market niche and compete by providing a product that customers can attain in no other way.
 
  A) cost leaders
  B) focusers
  C) visionaries
  D) market leaders



mochi09

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

For a complete list of videos, visit our video library