Asked by Briana Flores on May 16, 2024
Verified
Which of the following has the strategy "I am better because I am different"?
A) Cost leader
B) Customer oriented
C) Differentiation
D) Innovation
E) Operational effectiveness
Differentiation
The act of making a product, service, or business stand out from its competitors by highlighting unique features or qualities.
- Acquire knowledge of the primary tactics companies employ to secure a competitive advantage.
Verified Answer
EC
Emily CameronMay 22, 2024
Final Answer :
C
Explanation :
Differentiation strategy focuses on distinguishing a company's products or services from others in the market, emphasizing unique features, benefits, or brand identity to stand out from competitors.
Learning Objectives
- Acquire knowledge of the primary tactics companies employ to secure a competitive advantage.
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