Which Type of Competitive Strategy Is Characterized by Convincing Rivals

question 71

Multiple Choice

Which type of competitive strategy is characterized by convincing rivals not to enter a price war,protection from customer pressure to lower prices,and the ability to better withstand cost increases from suppliers?

• A) differentiation
• B) overall low-cost leadership
• C) differentiation focus
• D) cost leadership focus

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Definitions:

Operating Activities

Transactions and events related to the primary business operations, including the production, sales, and delivery of a company's products and services.

Financing Activities

Transactions that involve raising capital or repaying investors, such as issuing equity or taking on new loans.

Issuing Bonds

The process by which a corporation or government raises funds by selling bonds to investors, with the promise to pay back the principal along with interest on specified dates.

Affects

Impacts or influences an outcome, result, or condition.