The competitive position of a company can be improved by______ .
Answer»
increasing the SELLING price reducing the margin ignoring competitors Understanding and FULFILLINGCUSTOMERS' needs
Solution :The competitive position of company can be IMPROVED by being customer-centric not PRODUCT -centric i.e., notviewing product in isolation, but as a part of a full-long lasting relationship with a customer. This means offering those products and services that fulfill their needs.