Which of the Following Is NOT a Frequently Used Strategic

question 96

Multiple Choice

Which of the following is NOT a frequently used strategic approach to set a company apart from rivals and achieve a sustainable competitive advantage?

• A) Striving to be the industry's low-cost provider
• B) Outcompeting rivals on the basis of differentiating features that will appeal to a broad spectrum of buyers
• C) Developing a best-cost provider strategy that gives customers more value for the money
• D) Focusing on a narrow market niche and serving buyers' special needs and tastes
• E) Striving to be the industry's high-price provider

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Definitions:

CEO Position

The Chief Executive Officer position, the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

Cloud Computing

A technology in which tasks are performed by computers physically removed from the user and accessed over a network, in particular the Internet.

Utility Computing

A technology whereby a service provider makes computing resources and infrastructure management available to a customer as needed.

Virtualization

The process of creating a virtual version of something, including virtual computer hardware platforms, storage devices, and computer network resources.