Asked by Brittney Paige on Sep 28, 2024

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Matching a firm's competitive advantages with attractive market opportunities is best known as ________.

A) targeting
B) positioning
C) segmenting
D) differentiating

Differentiating

Differentiating involves making a product or service stand out from its competitors, through unique features, branding, or quality.

Competitive Advantages

Unique attributes or capabilities a company possesses that allow it to outperform its competitors.

Market Opportunities

Potential areas where a company can invest in product development, marketing, or expansion to meet emerging customer needs or demands.

  • Understand the concept of matching a firm's competitive advantages with attractive market opportunities.
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AG
Alexiyana Gaston1 day ago
Final Answer :
A
Explanation :
Targeting involves identifying specific market segments and selecting one or more segments to enter based on the firm's competitive advantages and the attractiveness of the market opportunities. Positioning involves creating a unique image or reputation in the minds of consumers, while segmenting involves dividing a larger market into smaller groups based on similar characteristics. Differentiating involves creating unique features or benefits that set the firm apart from competitors. While all four of these concepts are important in marketing, the best match for the description given is targeting.