Sunday, March 1, 2015

Which area do you believe contributes most to helping a company gain a competitive advantage?

Which area do you believe contributes most to helping a company gain a competitive advantage?
Price, service and location can contribute to a company'scompetitive edge. Sometimes, one of the above elements is enoughbut should be weighed against other factors. A price that's low incomparison to XYZ Mart gives a business an advantage. Many peoplewill go out of their way to find a bargain.

A company's service is like a business card. It represents you,your business. A company with quicker service and good resultscould have a competitive edge.

A company that's easily accessed has a competitive edge. People arelikely to do business where there's no hassle getting to and from alocation. Still, all elements have to be looked at in totality.

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