If you were advising Rebel Toad Brewing, a local brewpub, about how to set itself apart from rivals and achieve a sustainable competitive advantage, you would most likely not recommend that Rebel Toad Brewing

Multiple Choice develop a cost advantage based on offering more value for its patrons' money.

outcompete rivals on the basis of differentiating features such as higher quality, wider product selection, added performance, better service, more attractive styling, technological superiority, or unusually good value for the money.

strive to be the industry's low-cost provider, thereby aiming for a cost-based competitive advantage. mimic the successful strategies of rivals.

Question

Taryn Kirby

Business

6 October, 23:24

If you were advising Rebel Toad Brewing, a local brewpub, about how to set itself apart from rivals and achieve a sustainable competitive advantage, you would most likely not recommend that Rebel Toad Brewing

Multiple Choice develop a cost advantage based on offering more value for its patrons' money.

outcompete rivals on the basis of differentiating features such as higher quality, wider product selection, added performance, better service, more attractive styling, technological superiority, or unusually good value for the money.

strive to be the industry's low-cost provider, thereby aiming for a cost-based competitive advantage. mimic the successful strategies of rivals.

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Answers (1)

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Mayra Austin · Answer 1

mimic the successful strategies of rivals.

Explanation:

The competitive advantage is referred to as the strategy to use company's available strengths and resources to create a favorable position over its competitors. To achieve such a strategy the company needs to focus on its own available resources instead of copying its competitor which might have other resources available that the company lacks. In order to achieve a company's own recognition of brand and positive position among its competitors it will have to perform better and provide better quality products or services to its customers.