Author Question: Which of the following refers to any factors that allow a company to differentiate its product or ... (Read 36 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?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library