Answer: sustainable competitive advantage
Explanation:
Sustainable competitive advantages refers to the assets and the abilities of a company that are difficult for others to duplicate and thereby giving the company an edge over others.
Since Powell Lighting decided to limit its LED light bulbs to outdoor models and ensured that the models were the longest-lasting and lowest-priced on the market thereby giving it an edge over its competitors.
In this scenario, Powell Lighting maintained a sustainable competitive advantage through its innovative strategy.
Answer:
communication costs
Explanation:
Communication is critical for the success of a business. If the communication cost is high, then communication can become a hindrance to the success of business success. The costs associated with communication include fixed telephone, mobile phones cost, and internet access. Travel and venue cost that facilitates face-face meeting also adds to communication costs.
Businesses are embracing modern technology to cut down on their communication cost. Technology has increased the flow of internal and external communication. Magnet Dot is likely to grow as a business as customers can order for products over the internet.
<span>The answer to the question is persuasive. A persuasive advertisement is one that can convince a consumer to switch from one brand to another, or to stay loyal to a brand. Firms use persuasive advertising as part of their marketing strategy to keep customers and to also attract new ones.</span>
Answer:
Defender Strategy
Explanation:
Defender Strategy -
It is the starter adapted by a company or organisation , to protect the company from the upcoming new competitors .
Therefore , the company tries to make some changes in the structure , technology and in the method of operations to maintain itself in the market .
hence , from the question data , DramPharma would most likely be categorized as a Defender .
