Question: 4 . Identify and discuss the various ways in which a company can add value to a product and thereby can charge a premium price.

4. Identify and discuss the various ways in which a company can add value to a product and thereby can charge a premium price.
5. How do entry barriers affect the ability of a company to imitate successful companies in an industry?
6. Identify and discuss the conditions when a company's competitive advantages would be most durable.
7. What strategies are best suited for markets that arent growing fast, or at all? Discuss.

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