According to a Generic Business Strategy Framework, There Are Two

Multiple Choice

According to a generic business strategy framework, there are two fundamental alternatives a firm can use to seek a competitive advantage. One of these is to

A) become the high-cost producer within the markets in which it competes.
B) adopt a "me too" strategy to achieve competitive parity.
C) become the low-cost producer within the markets in which it competes.
D) state its function in society to differentiate itself from competitors.
E) differentiate itself from competitors by developing similar marketing programs.