Question 1

What is the primary focus of a customer-centered company?

Accepted Answer

The answer of What is the primary focus of a...

Question 2

An advantage of a competitor-centered company is that it ends up simply matching or extending industry practices rather than seeking innovative new ways to create more value for customers.

Accepted Answer

A competitor-centered company may be more focused on beating their competitors rather than creating value for customers. This can lead to a lack of innovation and simply copying industry practices rather than seeking new and better ways to serve customers.

Question 3

What is the primary focus of a competitor-centered company?

Accepted Answer

The answer of What is the primary focus of a...

Question 4

Discuss the four evolving company orientations. Which orientation is considered most successful and why?

Accepted Answer

The answer of Discuss the four evolving company orientations. Which...

Question 5

A market-centered company most likely has a stronger competitor and customer focus than a customer-centered company.

Accepted Answer

The answer of A market-centered company most likely has a...

Quiz 18: Creating Competitive Advantage

What is the primary focus of a customer-centered company?

An advantage of a competitor-centered company is that it ends up simply matching or extending industry practices rather than seeking innovative new ways to create more value for customers.

What is the primary focus of a competitor-centered company?

Discuss the four evolving company orientations. Which orientation is considered most successful and why?

A market-centered company most likely has a stronger competitor and customer focus than a customer-centered company.