makayla10119
20.02.2020 •
Business
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 advantageB. Outcompeting rivals on the basis of such differentiating features as higher quality, wider product selection, added performance, better service, more attractive styling, technological superiority, or unusually good value for the moneyB. Outcompeting rivals on the basis of such differentiating features as higher quality, wider product selection, added performance, better service, more attractive styling, technological superiority, or unusually good value for the moneyD. 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 nicheE. Developing expertise and resource strengths that give the company competitive capabilities that rivals can't easily imitate or trump with capabilities of their own
Solved
Show answers
More tips
- F Family and Home How to Choose a Name for Your Baby?...
- B Business and Finance How to Open an Online Store? A Detailed Guide for Beginners...
- W Work and Career How to Write a Resume That Catches the Employer s Attention?...
- C Computers and Internet Е-head: How it Simplifies Life for Users?...
- F Family and Home How to Choose the Best Diapers for Your Baby?...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
- H Health and Medicine Kinesiology: What is it and How Does it Work?...
Answers on questions: Business
- B Business The importance of the current Relationship Era in business can be highlighted by the class discussion that, in general, it is more costly to do business with a New...
- B Business phân biệt sự khác biệt giữa khầu trừ thuế, hoàn thuế giá trị gia tăng. cho tình huống tại 1 doanh nghiệp có số liệu cụ thể minh họa về sự khác biệt này...
- B Business The fasb s standard-setting process includes, in the correct order: exposure draft, research, discussion paper, accounting standards update. discussion paper, research,...
- B Business Falmouth pools manufactures swimming pool equipment. falmouth estimates total manufacturing overhead costs next year to be $ 1 comma 200 comma 000. falmouth also...
- B Business If a surplus exists in a market, we know that the actual price is a. below the equilibrium price, and the quantity demanded is greater than the quantity supplied....
- B Business Aol, llc, mistakenly made public the personal information of 650,000 of its members. the members filed a suit, alleging violations of california law. aol asked the...
- B Business Aresearcher wants to test if juvenile hormone (similar to testosterone) is associated with aggression in paper wasps. the researcher films wasp interactions between...
- B Business Which of the following defines an organization? a group formed by people who are seeking friendship or common interests a group of people who work together to achieve...
- B Business Which of the following individual achievements should you not include on your college application? question 14 options: a) participant in the rotary club exchange...
- S Social Studies Describe the similarities and differences between Judaism, christianity, and Islam...
Ответ:
B. Outcompeting rivals on the basis of such differentiating features as higher quality, wider product selection, added performance, better service, more attractive styling, technological superiority, or unusually good value for the money
Explanation:
The correct statement above describes a strategy that focuses on many areas at the same time with the goal of increasing competitiveness across the firm.
Because the firm becomes competitive in many areas such as quality, amount of products offered, technology, and marketing, it is harder for competitors to outperform it in all of those aspects at the same time.
Even if the firm loses its grip in one area, it still remains competitive in other areas, and that is the very definition of a sustainable competitive advantage.
Ответ:
7.75
Step By Step Explanation: