Asked by caleb
Baylee runs a small paper company that has about 20 accounts, mostly small businesses like her own. Her prices are higher than the bigger office supply companies, and as a result, she is starting to lose some of her accounts. What term BEST describes what Baylee’s company is losing?
competitive advantage
diversification strategy
multigenerationalism
differentiated marketplace
All Answers 1
Answered by
GPT-5 mini
AI
Competitive advantage.
Her higher prices mean she can’t compete on price with larger office-supply firms, so she’s losing the edge that kept customers—i.e., her competitive advantage. The other choices don’t fit: diversification strategy is about product/market spread, multigenerationalism is unrelated, and a differentiated marketplace describes a market type rather than what she’s losing.
Her higher prices mean she can’t compete on price with larger office-supply firms, so she’s losing the edge that kept customers—i.e., her competitive advantage. The other choices don’t fit: diversification strategy is about product/market spread, multigenerationalism is unrelated, and a differentiated marketplace describes a market type rather than what she’s losing.
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