A company's value-creating activities can offer a competitive advantage in one of two ways:
A) contribute greater efficiency and lower costs and provide a basis for differentiation.
B) contribute expense savings and enhance product exclusivity.
C) reduce cost disadvantages and market price anomalies.
D) contribute customer experience value and conserve operating functionality.
E) contribute to competitive assets and continue distinctive competencies.

Question

Quizplus · Accepted Answer

A company with value-creating activities that contribute to greater efficiency and lower costs can offer a competitive advantage by being able to price their products lower and/or have a higher profit margin. Additionally, if their activities also provide a basis for differentiation, they can stand out from competitors and attract customers based on unique features or benefits.

A Company's Value-Creating Activities Can Offer a Competitive Advantage in One