Multiple Choice
Which of the following is FALSE regarding how a differentiation strategy can help a firm to improve its competitive position relative to the Porter five forces model?
A) Firms will enjoy high customer loyalty.
B) By increasing firm margins, it avoids the need for a low cost position.
C) It reduces buyer power because buyers lack comparable alternatives.
D) Supplier power is increased, because suppliers will be able to charge higher prices for their inputs.
Correct Answer:
Verified
Correct Answer:
Verified
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