A company can use products to create competitive advantage by
A) differentiating its products.
B) raising prices.
C) adding products to its product line.
D) increasing brand awareness.
E) lowering prices.

Question

Quizplus · Accepted Answer

By differentiating its products, a company can create a unique selling proposition that stands out in the market and gives it a competitive advantage. This can lead to increased customer loyalty and willingness to pay higher prices for the product. Adding products to the product line or increasing brand awareness may not necessarily create a competitive advantage, and lowering prices may not be sustainable in the long term.

A Company Can Use Products to Create Competitive Advantage by