To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to:__________.a.reduce the immobility and the heterogeneity of the firm's resources. b.create a static fit between the company's internal resources and the external environment. c.reduce the causal ambiguity and the social complexity of the firm's source of success. d.contribute to the firm's strategic position as either low-cost leader or differentiator.

Respuesta :

Contribute to the firm's strategic position as either low-cost leader or differentiator.

Answer: Option D.

Explanation:

A competitive advantage is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices.

Competitive advantages are conditions that permit an organization or nation to deliver a decent or administration of equivalent incentive at a lower cost or in an increasingly alluring manner. These conditions permit the profitable element to produce more deals or better edges analyzed than its market rivals.

Answer:

To help a firm achieve a competitive advantage, each distinct activity performed in the value chain needs to (D) contribute to the firm's strategic position as either low-cost leader or differentiator.

Explanation:

Competitive advantage

Competitive advantage remains the beneficial position an industry attempts to be more effective and successful than its competitors.

The six determinants of competitive advantage are quality, worth, place, choice, cooperation, and speed/turnaround.

Three distinct types of competitive advantages can be used by the companies.

  1. Cost
  2. Product/service differentiation
  3. Niche strategies.

Learn more about competitive advantage refer:

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