Which of the following provides the new business with the opportunity to make more money than the competition?
A)External analysis
B)Market trends
C)Competitive advantage
D)Industry trends

Question

Quizplus · Accepted Answer

Competitive advantage is the factor that sets one business apart from its competition and enables it to make more money. It can be achieved through various means such as better quality, lower prices, or superior customer service. External analysis, market trends, and industry trends provide valuable information but do not necessarily guarantee higher profits compared to the competition.

Which of the Following Provides the New Business with the Opportunity