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Which of the Following Statements Is True About the Strategies

Question 33

Multiple Choice

Which of the following statements is true about the strategies of competitive advantage?


A) A company that engages in a differentiation strategy aims to provide a product at as low a price as possible to a broad audience.
B) In a low-cost focus strategy,a firm attempts to target customers with special needs who have been underserved historically.
C) In a differentiation strategy,a firm seeks to be unique in its industry along a group of dimensions that are valued by consumers.
D) In a cost leadership strategy,the manager must pursue just a single source of lowcost
Advantage to compete effectively.

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