The distinct competency of a retailer relative to its competitors is referred to as _____
a. economies of scale
b. its cost advantage
c. a focused strategy
d. its competitive advantage
d
Business
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A vertical analysis of a financial statement reveals the relationship of each statement item to its base amount, which is 100%
Indicate whether the statement is true or false
Business
Companies like Coca-Cola had the first-mover advantage since they were the first company to enter a global market. The first-mover advantages include all of the following except:
A) best chance of becoming world leader. B) advantage in adapting to the local culture. C) lead in advertising and promotion exposure. D) gain business experience. E) substantial investments in marketing.
Business