Question

All of the following choices describe ways for a company to achieve a competitive advantage, except:

A) producing a superior product and charging less than competitors.
B) implementing information systems to support better management decision making.
C) garnering more sales and profits than your competitors.
D) using information systems to create new and popular products that your competitors cannot duplicate.

Answer 1

Garnering more sales and profits is the result of achieving a competitive advantage, not a method to achieve it. Other options describe various strategies like cost leadership, operational effectiveness, and product differentiation to attain competition in the market.

Step-by-step explanation:

Among the choices provided, all of them describe ways a company can achieve a competitive advantage, except for one: garnering more sales and profits than your competitors. This is the result of achieving a competitive advantage, not a method to achieve it. The other options describe methods, such as producing a superior product and charging less (cost leadership), implementing information systems for better management decision-making (operational effectiveness), and using information systems to create new, unduplicable products (product differentiation).

These strategies align with the business theory that competition fosters innovation and efficiency, which can result in producing products more cheaply, or in developing new technologies that contribute to differentiated products and potentially garnering above-normal profits.