SLIDE 1: WHAT DO YOU MEAN BY COMPETITIVE ADVANTAGE?
"Competitive advantage" is a concept in economics that focuses on different factors that make a business in an industry more successful compared to its competitors. Students of economics often Economics Assignment Help while completing projects related to competitive seekadvantage. Different businesses use the principles of competitive advantage while creating marketing strategies to gain market share.
Slide 2: Forms of competitive advantage
According to the experts from the economics assignment writing service, here are the different methods using which a business can have a competitive advantage:
● Cost Advantage:
When the price of a product of an organization is lower than its rivals, then the customer is naturally
inclined to buy the product for which there is the lowest cost
● Offer Advantage: When the features of the product are higher in comparison to the rival products ● Niche Advantage: When a product can fulfill the needs and wants of the customer more effectively than its competitors.
Slide 3: Why do students seek the help of assignment experts in Australia?
Australia is considered one of the premier locations for students who seek to study different principles of economics. Students must write lengthy academic projects related to competitive advantage; these projects take a lot of time and effort to complete independently. To save time in completing these projects, they seek economics assignment help in Australia. To gain a degree in economics, the students need to learn different economic concepts. They can get university assignment help from academic experts who have vast knowledge regarding economics. Many students have availed the services of these experts and have gotten fruitful results for their projects.
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