Firms become value driven,in part,by focusing on the competition.

Name: Firms become value driven,in part,by focusing on the competition.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Focusing on the competition helps firms to continuously improve their products or services and identify ways to add value to their offering. By analyzing competitors' strengths and weaknesses, firms can develop a competitive advantage and become more value-driven.

Firms Become Value Driven,in Part,by Focusing on the Competition