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27 November, 23:13

What do you have as an entrepreneur when buyers choose your products or services over your competitors?

As an entrepreneur, you have a ___ when buyers choose your products or services over your competitors.

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Answers (2)
  1. 28 November, 01:47
    0
    The right answer is competitive advantage
  2. 28 November, 02:11
    0
    As an entrepreneur, you have a competitive advantage when buyers choose your products or services over your competitors.

    Explanation:

    Competitive advantage can be understood as an advantage that any organization or any firm might have over its competitors due to various possible reasons. When customers prefer the product of any particular company over other companies in the same genre, then the former company is an aid to possess a competitive advantage over its competitors. The reason for this preference could below the pricing of the product, greater quality or sometimes even greater brand value of the product.
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