SRP Lesson 3 Knowledge Check
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1.What does the term Competitive advantage refer to?CorrectIncorrect
- True or false: One’s competitive advantage can be the distinctive edge that enables their company to offer superior value to customers, achieve higher profitability, and gain a stronger market position.
- Lesson 3 mentioned that Diverse Suppliers like you, should identify and re-evaluate their diverse supplier goals early and often. What was the reason given for this?
- In Lesson 3, Butter Cup Bakery wanted to expand their supplier networks and work with other diverse business owners. What was their main reason given for this?