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    Product or service with competitive advantage

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    Can you think of a product or service that has a competitive advantage? Tell us what and why!

    How does the local, state, or national economy affect your business or place of employment? Provide at least two examples.

    How does training and development improve employee motivation, increase productivity, and increase retention for the benefit of the business?

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    https://brainmass.com/business/competitive-advantage/product-service-competitive-advantage-451656

    Solution Preview

    Product that has competitive advantage: Apple iPhone
    The product enjoys competitive advantage just like any other Apple product because of the brand "Apple" that has multiple products that integrate as one.

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    The economy has tremendous impact on the way businesses are done. A favorable economy could provide numerous opportunities for growth and expansion while an unfavorable economy could hamper business prospects. A business cannot operate in a standalone mode; there is a micro-environment and macro-environment which the business has to consider when devising operating ...

    Solution Summary

    The expert examines the product or services with competitive advantages.

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