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Nata [24]
3 years ago
5

One of the competitive dimensions that form the competitive position of a company when planning their strategies is making the b

est trade-off. Group of answer choices True False
Business
2 answers:
horrorfan [7]3 years ago
4 0

Answer:

False

Explanation:

The five basic competitive dimensions are cost, quality, time, flexibility and innovation. If the company has greater control over these five thing, then it is more inclined towards the competitive advantage. Furthermore, the best trade off doesn't forms part of strategies that constitutes to competitive advantage.

MakcuM [25]3 years ago
3 0

Answer:

The statement is: False.

Explanation:

A competitive advantage is that one a firm has over its competitors. There are two different types of competitive advantage: comparative advantage refers to the ability of a business to manufacture a good or service at a lower cost; differential advantage is attributed to businesses when their goods or services are distinct from rivals because of certain unique features.

Thus, <em>making optimal trade-offs has nothing to do with the competitive advantage of a firm.</em>

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Answer:

2. VARIED FROM PERSON TO PERSON

Explanation:

7 0
3 years ago
A monopolistically competitive market A. is imperfectly competitive, and all imperfectly competitive markets are monopolisticall
Gala2k [10]

Answer:

D. is imperfectly competitive, but not all imperfectly competitive markets are monopolistically competitive.

Explanation:

Monopolistic competition may be seen as a variety of competition that determine the characteristics of variety of industries that are familiar to consumers in their day-to-day lives. For instance, restaurants, hair salons, clothing, and consumer electronics are all monopolistic competitive market but not all imperfectly competitive markets are monopolistically competitive.

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3 years ago
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CaHeK987 [17]

Answer:

focused-differentiation

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question The Platinum Platform is utilizing a focused-differentiation strategy. This is a strategy that focuses on offering specific products that make the customer believe that the product is vastly superior to it's competitors even though prices are higher. This allows them to gain a competitive advantage in the market. Which is what Platinum Platform is doing by offering it's unique high quality bedding.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
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In the context of the vertical structure of a firm, a wide span of control builds a _____ organization with few reporting levels
Natali5045456 [20]

Answer:

flat

Explanation:

In a vertical structure of organization, there is a pyramidal top-down structure

whereby there would be be owner at top i.e CEO, a manager at middle section as well as supervisor and employees at the bottom section.

It should be noted that In the context of the vertical structure of a firm, a wide span of control builds a flat organization with few reporting levels.

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