Question

As you saw in the video, one of the measures used to demonstrate Usain Bolt's competitive advantage in running is the number of gold medals he won during the Olympics. Which of the following measures, as described in the video, similarly demonstrates McDonald's competitive advantage in the fast-food industry?

a. Market share
b. A strong leadership team
c. Brand Recognition
d. Number of Menu options
e. All-day Breakfast

Answer 1

a. Market share

Step-by-step explanation:

Market share -

It refers to the total amount of sales produced by the company , is referred to as the market share .

The value of market share is given by considering sales of the company for a specific time period then divide it by the total sales of the industry for the same time period .

Hence , from the given scenario of the question ,

The correct answer is a. Market share .

Answer 2

a. Market share

Step-by-step explanation:

Higher market share puts companies at a competitive advantage. Companies with high market share often receive better prices from suppliers, as their larger order volumes increase their buying power