Multiple Choice
A focused differentiation strategy aims at securing competitive advantage
A) by providing niche members with a top-of-the-line product at a premium price.
B) by catering to buyers looking for an upscale product at an attractively low price.
C) with a product or service offering carefully designed to appeal to the unique preferences and needs of a narrow,well-defined group of buyers.
D) by developing product attributes that no other company in the industry has.
E) by convincing affluent buyers that the company has a true world-class product.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Achieving a cost advantage over its rivals
Q5: What sets focused (or market niche)strategies apart
Q6: The aim of the best-cost provider strategy
Q7: A low-cost leader can translate its low-cost
Q8: In which of the following circumstances is
Q10: What are the distinctive features of a
Q11: While there are many routes to competitive
Q12: The target market of a best-cost provider
Q13: A competitive strategy of striving to be
Q14: A strategy to be the industry's overall