Explain the importance of having a competitive advantage while capturing a new market

What will be an ideal response?


Companies must check to see if they have the competitive advantages required to maintain leadership in their
newly chosen market segment. Similarly, marketers should ensure that other companies do not possess a
competitive advantage that might jeopardize the business's leadership in the market.

Business

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Which of the following is an object that is admired strictly for its beauty or because it inspires an emotional reaction?

A) An art product B) A reality-engineered product C) A craft product D) A trial product

Business

Which group of ethical theories focuses on who the leaders are as people?

A. deontological B. teleological C. altruism D. virtue-based

Business

For a court to have authority to hear a case:

A) The plaintiff must have standing to sue. B) The court must have jurisdiction. C) The case must be brought in the proper venue. D) All of the above

Business

The site that initiates the update in a two-phase commit is known as the ____

a. director b. initiator c. coordinator d. leader

Business