I have recently thought a lot about points of parity & difference stuffs since I read the material of Class 6 preparation. It’s quite an amazing theory!!I can see it everywhere in our daily life. For instance, I remind my experiences that happened when I was in China. There were several restaurants which provide almost the same kinds of foods around my school. Everyday my friends and I picked one of them to go in for lunch. But making decisions every day before lunch was quite annoying. How can we make choices in a more efficient way? I can do this in a marketing way now. I tried to list some possible points of difference that the restaurant we choose might have from its competitors.
1) The category of food is more
2) The service is faster(or we won’t have enough time to get back to school)
3) The flavor is good
4) The prices are better
5) The atmosphere is better
Isn’t it being easier to make a choice? OF course it might be easier to make a choice between a Chinese food restaurant and a Pizza place , because that would depend on which kind of food you are in mood for. But that would also be more relevant to absolute advantages , maybe.