Which of the Following Competitive Strategies Creates a Meaningful Difference

question 24

Multiple Choice

Which of the following competitive strategies creates a meaningful difference between your products and those of the competition, which creates a higher level of perceived customer benefits?

• A) Cost advantage
• B) Marketing advantage
• C) Differentiation advantage
• D) Focus on a Market Niche

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Definitions:

Bill Gates

Co-founder of Microsoft Corporation, an influential American businessman, software developer, and philanthropist.

Strong Culture

An organizational environment characterized by well-defined values, beliefs, and norms that shape employees' behaviors and contribute to a cohesive work atmosphere.

Treat

To deal with or think about something in a specific way, or to provide medical care.

Employees

Employees are individuals who are hired by businesses or organizations to perform work in exchange for compensation, encompassing a wide range of roles and responsibilities.