Answer:
Differentiation focus strategy
Explanation:
Competitive advantage is defined as the factors or strategy that gives a firm an edge over others in the same industry.
They are able to sell more product and make more profit than their competitors.
Trader Joe's creates a competitive advantage by its ability to incorporate upscale or attractive attributes into its product offerings at lower costs than rivals.
They are using differentiation focus strategy which entails developing a unique product based on selected attributes that are widely valued by customers.
Focus is given to making products that specifically meet these needs.
The result is a product that is unique in the industry. Products from Trader Joe's can't be found anywhere else. Also they provide a unique atmosphere and unique interaction with their staff.
They have been able to have reduced pricing through research and other tactics aimed at reducing cost of production in a sustainable manner.
Answer:
Idea generation.
Explanation:
The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.
There are several stages of the new product development.
The stage in which the Apple company is, in the given scenario, is idea generation.
Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.
Therefore, idea generation is the correct answer.
The web page content is not engaging enough, and poor marketing campaigns
Answer:
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Explanation:
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