Success demands identification of some form of competitive advantage capable of distinguishing the organization from other firms operating in the same market sector.

Question

Quizplus · Accepted Answer

This statement is true. In order to be successful, a business must have some sort of competitive advantage that sets it apart from its competition. This can include factors such as pricing strategy, product differentiation, quality of service, or branding.

Success Demands Identification of Some Form of Competitive Advantage Capable