Question One.
I work in the food service industry. Some of the means by which we have been able to attain competitive advantage are by ensuring that our restaurant is in an area with less competition but high visibility so that our clientele can easily reach us. We also studied new competition to see which products they were selling and at what price and adjusted our prices accordingly. By adjusting our prices accordingly due to the competition, we compromised on the quality of our product as we the business had to cut short on some ingredients in order to make the ...