Question

Review the inquirer to determine chester's current strategy. how will they seek a competitive advantage? from the following list, select the top five sources of competitive advantage that chester would be most likely to pursue.

Answer 1

Competitive advantage is when there is something that puts another company in a better position over its competitors. They have some type of advantage that another company making the same type of product does not have access to.

Answer 2

After reviewing the inquirer to determine Chester's current strategy, they will seek a competitive advantage through increasing the demand with the TQM initiatives. Another is offering beautiful or attractive terms of credit and search for good product designs and styles.