Multiple Choice
All other things being equal, the "best" generic competitive strategy for a company to employ is a strategy that
A) seeks to underprice rivals on comparable products that attract a broad spectrum of buyers.
B) seeks to differentiate product offerings from rivals by offering superior attributes that attract a broad spectrum of buyers.
C) concentrates on a narrow buyer segment and outcompetes rivals by offering niche members customized attributes.
D) concentrates on value-conscious buyers and outcompetes rivals by offering products at attractive prices.
E) is well matched to a company's internal situation; underpinned by an appropriate set of resources, know-how, and competitive capabilities; and difficult for rivals to match.
Correct Answer:

Verified
Correct Answer:
Verified
Q109: Whether a broad differentiation strategy ends up
Q110: A boutique hotel chain provides upscale rooms
Q111: A broad differentiation strategy generally produces the
Q112: The target market of a best-cost provider
Q113: What is the primary target market for
Q114: What sets focused (or market niche)strategies apart
Q116: A drink manufacturer finds setting up a
Q117: A company that succeeds in differentiating its
Q118: The culture of a company can be
Q119: What are the distinctive features of a