Micahel Porters Competive Advantage Flashcards
1
Q
What is cost leadership
A
Being able to offer you product at the lowest cost possible
2
Q
What is differentiation
A
Offering a product that stand out from the competition
3
Q
What is product diffriation
A
Having a unique feature that makes a product stand out
4
Q
What is unique selling point
A
A feature that distinguishes a firms product
