A product or service that customers of an organization value more highly than similar offerings from a competitor is none of the above
An advantage in the marketplace that distinguishes a company from its rivals is known as a competitive advantage. This could take the shape of a product that consumers find to be superior to comparable offerings from rival companies. Numerous strategies can be used to develop a competitive advantage.
It may involve providing a special product that addresses a certain need or demand in the market. It may involve selling products at a lower cost than rivals, as well as higher performance, quality, or customer service. Having a competitive advantage is important for businesses because it can help them attract and retain customers, increase market share, and improve profitability.
Read more about competitive advantage on:
https://brainly.com/question/26514848
#SPJ4
