Ask Question
BusinessBusiness
14 September, 19:31

CompX Inc. is an online retailer of electronic products including laptops and tablets. The company is known for its unique approach to customer support, which is known for going above and beyond in satisfying customer complaints and issues. What kind of strategy is CompX using? a. cost leadershipb. differentiationc. penetration

+2
Answers (1)
  1. 14 September, 22:47
    0
    Answer: Option B

    Explanation: Its an approach used by business firms for gaining a competitive advantage in the market.

    Under this approach the business introduces a unique and distinctive good or service into the markets. Thus uniqueness could be obtained from many of the factors such as low pricing, better after sales service or better designing etc.

    In the given case, the company is providing customer satisfaction at the maximum level.

    Thus, from the above we can conclude that the correct option is B.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “CompX Inc. is an online retailer of electronic products including laptops and tablets. The company is known for its unique approach to ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Why would a company sell receivables to another company?
Answers (1)
Michael's, Inc., just paid $1.95 to its shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 4.3 percent. If you require a rate of return of 8.
Answers (1)
GDP Consumption $440 $450 490 490 540 530 590 570 640 610 Refer to the accompanying consumption schedule in an economy. All figures are in billions of dollars.
Answers (2)
Which of the following is true about present value calculations? Other things remaining equal, the present value of a future cash flow increases if the investment time period increases.
Answers (1)
Journalizing the entry to record jobs shipped and customers billed would include a credit to a. Finished Goods b. Accounts Payable c. Cost of Goods Sold d. Cash
Answers (1)
New Questions in Business
When Fair Oaks' management shares its vision with its 300-plus employees and seeks feedback, it is able to influence employees and gain buy-in from them. Which managerial function is the company performing?
Answers (1)
A credit entry: Multiple Choice: a. Is always a decrease in an account. b. Is recorded on the left side of a T-account. c. Increases asset and expense accounts, and decreases liability, common stock, and revenue accounts. d.
Answers (2)
Franklin bought acreage in a distant county, but never went to see the acreage and did not use the land. After the purchase, Susan moved her mobile home onto the land, drilled a well, and lived on the property for 20 years.
Answers (1)
The least risky method of entering a market in a foreign country is by Direct exports. Indirect exports. Direct investments. Licensing.
Answers (1)
A few weeks after marion had her phone number changed, she wrongly gave out her former phone number. the most likely explanation for remembering the old number rather than her current number is
Answers (1)
Home » Business » CompX Inc. is an online retailer of electronic products including laptops and tablets. The company is known for its unique approach to customer support, which is known for going above and beyond in satisfying customer complaints and issues.
Sign Up Forgot Password?