Which of the following activities is highly important to firms as a strategic asset?
A) manufacturing of parts
B) customer service
C) sales and distribution
D) marketing and branding

Question

Quizplus · Accepted Answer

Marketing and branding are highly important to firms as strategic assets because they help in creating a unique identity, differentiate the firm from its competitors, and build a loyal customer base, which can significantly contribute to the firm's long-term success and competitive advantage.

Which of the Following Activities Is Highly Important to Firms