Imitation by Competitors Is a Downside of Which Strategy

question 32

Multiple Choice

Imitation by competitors is a downside of which strategy?

• A) low-price provider
• B) differentiation
• C) brand image
• D) high value

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Definitions:

Basic Functions

The fundamental roles or activities that are necessary for a system, organization, or process to operate effectively.

Innovation

The process of creating new ideas, products, or methods that bring about significant improvements or changes.

Cognitive Dissonance

A psychological discomfort experienced by an individual who holds conflicting beliefs, values, or attitudes simultaneously.

Internal Satisfaction

The level of contentment among employees within an organization, typically reflecting the workplace environment, culture, and rewards.