Under Which Condition Would a Differentiation Strategy Be Especially Effective

question 18

Multiple Choice

Under which condition would a differentiation strategy be especially effective?

• A) When the target market niche is large, profitable and growing.
• B) When technological change is fast paced and competition revolves around rapidly evolving product features.
• C) When industry leaders do not consider the niche to be crucial to their own success.
• D) When the industry has many different niches and segments, thereby allowing a company to pick a competitively attractive niche suited to its own resources.
• E) When few, if any, other rivals are attempting to specialize in the same target segment.

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Definitions:

Positive Emotions

Feelings that are pleasant or desirable, such as joy, gratitude, love, and hope.

Positive Meaning

The significance or value attributed to something that is considered beneficial, encouraging, or desirable.

Gratitude

Gratitude is the feeling of appreciation or thanks towards people, situations, or experiences that contribute positively to one’s life.

Negative Emotions

Feelings that are generally considered to be harmful or unpleasant, such as sadness, anger, and fear, which can impact mental health and relationships.