One of the Frequently Used Successful and Dependable Strategic Approaches

Multiple Choice

One of the frequently used successful and dependable strategic approaches is:

A) to come up with a distinctive element that builds strong customer loyalty and yields a winning competitive edge.
B) to aggressively pursue all of the growth opportunities the company can identify.
C) to develop a product/service with more innovative performance features than what rivals are offering and to provide customers with better after-the-sale service.
D) to come up with a business model that enables a company to earn bigger profits per unit sold than rivals.
E) to charge a lower price than rivals and thereby win sales and market share away from rivals.