Highly competitive sector of the market
Problem:
What would you say to a friend who wanted to start a click-only business in the highly competitive sector of the market, such as resale of used text books?Please include references.
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Q1. Discuss how customer loyalty is linked to competitive advantage. Q2. Discuss how cost advantage is linked to customer loyalty.
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What would you say to a friend who wanted to start a click-only business in the highly competitive sector of the market, such as resale of used text books?
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Lower investment in research and development and raising the price of its products and services.
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