Asked by
Aaliyah Francois
on Nov 03, 2024
Verified
Which of these describes the unique combination of organizational abilities,products,and approaches that sets a company apart from competitors in the minds of customers?
A) Private enterprise system
B) Competitive differentiation
C) Capitalism
D) Strategic alliance
Competitive Differentiation
The unique value a company offers in its products or services compared to its competitors, making it stand out in the market.
Organizational Abilities
Skills and capacities that enable an individual or organization to plan, execute, and control its tasks and responsibilities effectively.
- Assess the relevance of creativity and innovation in the context of business for attaining a distinguishing competitive benefit.
Verified Answer
LK
Learning Objectives
- Assess the relevance of creativity and innovation in the context of business for attaining a distinguishing competitive benefit.
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