A Company That Uses a Differentiation Strategy Achieves a Competitive

question 49

Multiple Choice

A company that uses a differentiation strategy achieves a competitive advantage as long as:

• A) The economic value that the firm creates is equal to that of the competition.
• B) The economic value that the firm creates is greater than that of the competition.
• C) The economic value that is created is less than that of the competition.
• D) The economic value that is created is dependent on strategic parity.

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Definitions:

Consequences

The results or outcomes of actions, which can be positive or negative depending on the behavior or choices made.

Behavior Change

Modification of human actions or reactions through various techniques and practices for improvement or treatment purposes.

Change Manager

A professional responsible for overseeing and facilitating the process of organizational change to achieve the desired outcome.

Communal Workspaces

Shared office environments where individuals from different organizations can work in a collaborative and communal setting.