Question

How can an entrepreneur give his or her firm a competitive advantage? by developing a new product by discovering and exploiting a new product market by introducing a new method of production and distribution all of the above

Answer 1

An entrepreneur can give his or her firm a competitive advantage by developing a new product, by discovering and exploiting a new product and market, and byintroducing a new method of production and distribution. Therefore, all of the above would be the correct answer!