Which of the Following Is False Regarding How a Differentiation

question 8

Multiple Choice

Which of the following is false regarding how a differentiation strategy can help a firm to improve its competitive position vis à vis Porter's five forces?

• A) by increasing a firm's margins, it avoids the need for a low-cost position
• B) it helps a firm to deal with supplier power and reduces buyer power since buyers lack comparable alternatives
• C) supplier power is increased because suppliers will be able to charge higher prices for their inputs
• D) firms will enjoy high customer loyalty, thus experiencing less threat from substitutes than its competitors

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Definitions:

Work Modes

Various approaches or methods adopted by individuals or groups in accomplishing tasks and achieving objectives in a work environment.

Office Design

Involves planning and creating workspaces that enhance productivity, well-being, and collaboration among employees.

Beverage Stations

Designated areas set up to dispense drinks, often found in public spaces, events, or hospitality settings.

Task Interdependencies

A condition in teamwork where the performance and outcomes of one individual's tasks depend on the performance and outcomes of another team member's tasks.