Question

Tool Makers, Inc. make garden rakes extremely well and of the best quality in the industry. Their rakes are difficult to copy, and give it an advantage over competitors in the marketplace. It can be said that Tool Makers have a(n):_________.

Answer 1

Answer:

competitive advantage.

Explanation:

Competitive advantage -

It refers to the strategy , by which a company is capable to generate the same or similar goods and services , in avery lower price or in a manner , which can not be copied by anyone , is referred to as a competitive advantage .

The strategy makes the company profitable and better than other companies , and have a upper hand over other companies .

And these companies give a tough competition to the other companies , by their goods and services .

Hence , from the given scenario of the question ,

The correct term is competitive advantage .