Asked by Angel Dignadice on Sep 28, 2024

Firms can most likely identify competitive advantages with a framework based on their ________.

A) sales ratio
B) value chain
C) supply curve
D) marketing mix

Value Chain

The full range of activities that businesses go through to bring a product or service from conception to delivery to the consumer.

Competitive Advantages

Unique attributes or conditions that allow a company to outperform its competitors.

  • Understand the framework for identifying competitive advantages through the value chain.