Different customers are attracted by different attributes.’ List the major competitive dimensions that underlie this statement.

Solutions

Expert Solution

The major competitive dimensions that underline this statement that different customers are attracted by different attributes are:

1. Product and service offerings: An organization which is able to offer diverse range of products and services as per customer requirements are better off than the organization which has limited offerings to the customers and are also outdated.

2. Technological advancements: An organization which has developed itself as a technologically advanced organization with all the latest technologies incorporated into its system is able to serve the customers in a better manner and establishes itself as a market leader.

3. Customized experience: The organization which offers customized experience to its customers as per their requirements and preferences and comes up with customized set of products and services stands better than other organizations that have inflexible approach.

keosha answered 1 year ago

Next > < Previous

Related Solutions

Discuss : What are IKEA’s competitive priorities? List up 2~3 competitive dimensions that you think they...

Discuss : What are IKEA’s competitive priorities? List up 2~3 competitive dimensions that you think they have chosen to compete on. .

Which attributes determine sustainability of competitive advantages? Discuss the six different types of competitive advantages. [19...

Which attributes determine sustainability of competitive advantages? Discuss the six different types of competitive advantages. [19 marks]

List and define the Geert Hofstede’s five major dimensions of similarities and differences among cultures? Comments...

List and define the Geert Hofstede’s five major dimensions of similarities and differences among cultures? Comments on how they apply to the expatriation popular in Saudi Arabia .

List four things/entries that could cause the income statement to be different than the statement of...

List four things/entries that could cause the income statement to be different than the statement of cash flows. Provide a brief description/definition for what each of those four things means/does

The Effect of Tax on the Financial Statement List how the major financial statements are related...

The Effect of Tax on the Financial Statement List how the major financial statements are related and explain how the four major financial statements are related?

List the major senses in brain. Each sense requires the interpretation of different kinds of information...

List the major senses in brain. Each sense requires the interpretation of different kinds of information impinging upon us from our environment. In what form(s) does the information do we sense come to us, and what sense organs are stimulated. Describe this in greater detail for two senses.

Subjects