Multiple Choice
Which of the following is NOT a frequently used strategic approach to set a company apart from rivals and achieve 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 differentiating features such as higher quality, wider product selection, added performance, better service, more attractive styling, technological superiority, or unusually good value for the money
C) simply trying to mimic the successful strategies of rivals
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 a cost advantage based on offering more value for the money
Correct Answer:

Verified
Correct Answer:
Verified
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