Multiple Choice
A differentiation-based competitive advantage
A) nearly always is attached to the quality and service aspects of a company's product offering.
B) usually is the result of highly effective marketing and advertising to enhance the brand, raise awareness, and build consistent customer experience.
C) requires developing at least one distinctive competence that buyers consider valuable.
D) hinges on a company's success in developing top-of-the-line product features that will command the highest price premium in the industry.
E) often hinges on incorporating features that raise the performance of the product or lower the buyer's overall costs of using the company's product, or enhances buyer satisfaction in intangible or noneconomic ways, or delivers value to customers by differentiating on the basis of competencies and capabilities that rivals can't match.
Correct Answer:

Verified
Correct Answer:
Verified
Q55: The underlying criteria of a best-cost provider
Q56: Trader Joe's biggest vulnerability in employing a
Q57: What are the pitfalls to be avoided
Q58: For a best-cost provider strategy to be
Q59: In order to be successful with a
Q61: The competitive advantage of a best-cost provider
Q62: For all types of generic strategies, a
Q63: Identify cost drivers in a company's value
Q64: The risks of a focused strategy for
Q65: What are the keys to sustaining a