Question
In: Operations Management
Different customers are attracted by different attributes.’ List the major competitive dimensions that underlie this statement.
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customer requirements are better off than the organization which has limited offerings to the customers and are also outdated.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 agoRelated Solutions
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