Solved

A Seldom Used Strategic Approach to Setting a Company Apart

Question 38

Multiple Choice

A seldom used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage is


A) striving to be the industry's low-cost provider, thereby aiming for a cost-based competitive advantage.
B) outcompeting rivals on the basis of such differentiating features as higher quality, wider product selection, added performance, better service, more attractive styling, or technological superiority.
C) developing competitively valuable resources and capabilities that rivals cannot easily match, copy, or trump with capabilities of their own.
D) focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of serving the special needs and tastes of buyers comprising the niche.
E) copying the attributes of a popular product or service.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions