Question: A competitive advantage refers to Question 3 options: the cluster of benefits that an organization promises customers to satisfy their needs. those characteristics of a
A competitive advantage refers to
Question options:
the cluster of benefits that an organization promises customers to satisfy their needs.
those characteristics of a product that make it superior to competitive substitutes.
a unique strength relative to competitors that provides superior returns, often based on quality, time, cost, or innovation.
actions taken by a firm with the sole intent of putting a competitor out of business.
the added value given to a product beyond the functional benefits provided.
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