Which of the Following Is NOT a Frequently Used Strategic

question 31

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,thereby aiming for a cost-based competitive advantage
• B) Outcompeting rivals on the basis of differentiating features such as higher quality,wider product selection,added performance,better service,more attractive styling,technological superiority,or unusually good value for the money
• C) Focusing on a broad buyer segment and offering buyers a very low cost and highly customized attributes that meet their specialized needs better than rivals' products
• D) Focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of satisfying the needs and tastes of buyers comprising the niche
• E) Developing a cost advantage based on offering more value for the money

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Definitions:

Dysfunctional Transactions

Interactions within relationships that are unhealthy or hinder the emotional development or well-being of the individuals involved.

Emotional Fixations

Persistent focus on an emotional issue or feeling that impedes emotional development or well-being.

Mental Disorders

Conditions characterized by significant disturbances in an individual’s cognition, emotion regulation, or behavior, often associated with distress or impaired functioning.

Economic Justice

The concept or philosophy that aims for fairness and equity within the economy, ensuring all individuals have access to opportunities and resources.