Multiple Choice
Which of the following is 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,or technological superiority
C) developing competitively valuable resources and capabilities that rivals can't easily match,copy,or trump with capabilities of their own
D) focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of serving the special needs and tastes of buyers comprising the niche
E) All of these choices are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Explain why some companies get to the
Q4: Why are capabilities needed to build a
Q8: A company's business model<br>A) concerns the actions
Q9: A well-conceived strategy builds a company's<br>A) profitability
Q12: Briefly define each of the following terms:<br>a.strategy<br>b.business
Q14: Proven approaches to winning a sustainable competitive
Q19: What is the nitty-gritty issue surrounding a
Q27: Which of the following questions ought to
Q35: A company achieves sustainable competitive advantage when<br>A)it
Q42: Why are capabilities critical to a company's