Question: Question 7 (2 points) In the aerospace industry, the average cost of producing an 800lb-class turbofan engine is $98,000 and buyers of these engines are

Question 7 (2 points)

In the aerospace industry, the average cost of producing an 800lb-class turbofan engine is $98,000 and buyers of these engines are willing to pay up to $162,000.

Skyhigh Aerospace, Inc.'s average cost for building an engine is $112,000. Buyers are willing to pay up to $210,000.

What competitive strategy is Skyhigh implementing to add unique value?

Question 7 options:

Corporate

Cost-Leadership

Differentiattion

Value Chain

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