When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in: strategic trade-offs.
What are strategic trade-offs?
This is a term that is used in the business word to refer to the sacrifices that a firm would make in order to be able to deliver on its goals.
Trade offs could be the service levels that the firm is not able to achieve.
Read more on trade offs here:
https://brainly.com/question/13760478
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