Multiple Choice
Which of the following is NOT a frequently used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage?
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,technological superiority,or unusually good value for the money.
C) Striving to be more profitable than rivals and aiming for a competitive edge based on bigger profit margins.
D) Focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of satisfying the needs and tastes of buyers comprising the niche.
E) Developing an advantage based on offering more value for the money.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Why does a company's strategy tend to
Q36: A company's strategy is a "work in
Q37: What separates a powerful strategy from a
Q38: Strategy is about competing differently than rivals,thus
Q39: List six things to look for in
Q41: The customer value proposition lays out the
Q42: Winning a sustainable competitive edge over competitors
Q45: A company's strategies stand a better chance
Q91: Should a company's strategy be tightly connected
Q103: Why is it appropriate to argue that