AEC-3133: Test #2 Study Guide Questions and Answers | New One | Grade A+
Two sources of sustainable competitive advantage Ans: 1) Lowest cost provider 2) Differentiated product lowest cost provider Ans: If and only if it fits in costs of goods it took to make it differentiated product Ans: - Consumers believe there is a difference in products - What leads to people having way different prices because they're selling different things - What market you're selling to can affect it as well Four elements of a sustainable competitive advantage: Ans: 1) Superior efficiency 2) Superior quality 3) Superior innovation 4) Superior customer responsivenes
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aec 3133 test 2 study guide questions and answer
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