competitive advantage

competitive advantage

12th Grade

10 Qs

quiz-placeholder

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competitive advantage

competitive advantage

Assessment

Quiz

Computers

12th Grade

Medium

Created by

Hailey Lincoln

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

what are one of the strategies to Define Competitive Advantage

Cost Leadership Strategy.

horse

competitive advantage

2.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What's the market opinion of these competitors?

other businesses who can offer the same or similar goods and services to your customers

defensive strategies

blue

3.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Whom do they target?

panda

Customers' Willingness to Pay

the specific group of consumers most likely to want your product or service

4.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

How does their offering look and feel?

Bundled Pricing

help customers feel confident about their choice

boom

5.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What experience do they offer their customers?

the impression your customers have of your brand as a whole throughout all aspects of the buyer's journey.

Human Capital

customer

6.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

Are they good at delivery?

Being efficient, providing accurate information, and having a wide selection of products

being reliable

being on time, keeping packages safe, and having friendly drivers

7.

MULTIPLE CHOICE QUESTION

30 sec • 2 pts

What is their pricing strategy?

Product Attribute Differentiation

the processes and methodologies businesses use to set prices for their products and services

orange

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