1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Flura [38]
2 years ago
11

If a company wants to gain a competitive advantage in a highly competitive industry, it should ideally a. execute an integrated

cost-leadership and differentiation position. b. provide goods or services similar to its competitors at higher prices. c. stake out a unique position within the industry. d. copy the strategies of other firms through competitive benchmarking.
Business
1 answer:
GaryK [48]2 years ago
4 0

If a company wants to gain a competitive advantage in a highly competitive industry, it should ideally stake out a unique position within the industry, which is achieved through creating value for stakeholders.

<h3>How a company creates value</h3>

The value in companies is related to a series of integrated factors that lead a company to be well positioned in the market, such as quality, service, satisfaction of consumer needs and desires and social responsibility.

Therefore, it is essential that a company's strategy is focused on generating value both in the micro and in its macro environment, in order to be better positioned and competitive in the market.

The correct alternative is:

c. stake out a unique position within the industry.

Find out more about competitive advantage here:

brainly.com/question/893846

You might be interested in
As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she
bulgar [2K]

As Lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.

<h3><u>What is encoding?</u></h3>
  • Humans primarily communicate through encoding and decoding messages. The individual who creates and transmits the message is known as the encoder.
  • The encoder must ascertain how the audience will interpret the message and make necessary changes to ensure that the audience interprets the message as intended.
  • Encoding is the process of converting ideas into language. The message is transmitted by the encoder using a "medium" such a phone call, email, text message, in-person meeting, or other communication method.

Different signals require different levels of conscious thought when they are encoded. The encoder should also care for any "noise"—such as other messages, distractions, or influences—that could obstruct their message.

Know more about encoding with the help of the given link:

brainly.com/question/19586679

#SPJ4

7 0
2 years ago
If you fire Julio from his job after making one mistake but did not fire John for making the same mistake several times, you hav
ahrayia [7]

In this scenario, we have committed an error related to Procedural justice

Procedural justice refers to way of ensuring fair justice by making decisions according to fair processes to ensure fair treatment.

According to this justice rule, the same rule must be applied to similar scenario and must be impartial as well in order to ensure fair justice.

In conclusion, we have committed an error relating to procedural justice because the rule that was <em>applied to Julio </em>was <em>not applied to John</em>, therefore, there was a bias in justice.

Read more about this here

<em>brainly.com/question/10925598</em>

5 0
3 years ago
Increasing product supply leads to an outward shift the supply curve. TRUE OR FALSE?
harina [27]

Answer:  

true

Explanation:

5 0
3 years ago
A series of formal, written statements in which the plaintiff and defendant both state claims for the defense regarding the matt
4vir4ik [10]
The answer is Appeal, my friend.
3 0
3 years ago
If producers moved the price from P3 to p1 A) producers would encounter a shortage. B) buyers would likely purchase fewer widget
andrew-mc [135]

Answer: D) buyers would scramble to get all available widgets.

Explanation:

The law of demand states that more quantity is demanded at a lower price, therefore if producers move prices from P3 to P1  there would be an increase in quantity of widgets demanded. Buyers would scramble to get all available widgets wich will create a shortage in the market

7 0
3 years ago
Read 2 more answers
Other questions:
  • OB Mod stands for: A. Organization Behavior Modification B. Organization Betterment Management C. Organization Behavioral Modera
    6·1 answer
  • The second step in the marketing research project involves developing the research plan. This includes specifying the ________ f
    11·1 answer
  • What best determines whether a borrower's investment on an adjustable rate loan goes up or down?
    7·1 answer
  • Sage Company had cash receipts from customers in 2020 of $137,920. Cash payments for operating expenses were $84,990. Sage has d
    14·1 answer
  • In Brooklyn, New York, a pharmacy technician works in a neighborhood with many ethnicities. Many people are direct descendents o
    8·1 answer
  • If money going out of the business is greater than the money coming into the business, what happens?
    10·1 answer
  • Which of the following would be most likely to increase your opportunity cost of attending college? a recession in the economy t
    14·1 answer
  • Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $575,000. They moved into the home on February 1 of year
    5·1 answer
  • How does the value of the cars produced by the Japanese company within the United States impact the United States' Gross Nationa
    6·1 answer
  • An effect of changing legislation on human resources professionals is that: Multiple select question. they must update company H
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!