Cloud Cones is a fast-growing chain of ice cream shops. It has acquired an edge over its competitors through its ability to provide a wide array of unique flavors and a hip atmosphere in stores. This advantage of Cloud Cones best exemplifies a
A) markup.
B) resource flow.
C) capital gain.
D) core competency.

Question

Quizplus · Accepted Answer

Core competencies allow a firm to differentiate its products and services from those of its rivals, creating higher value for the customer or offering products and services of comparable value at lower cost.

Cloud Cones Is a Fast-Growing Chain of Ice Cream Shops