One of the Frequently Used Successful and Dependable Strategic Approaches

question 30

Multiple Choice

One of the frequently used successful and dependable strategic approaches is:

• A) to come up with a distinctive element that builds strong customer loyalty and yields a winning competitive edge.
• B) to aggressively pursue all of the growth opportunities the company can identify.
• C) to develop a product/service with more innovative performance features than what rivals are offering and to provide customers with better after-the-sale service.
• D) to come up with a business model that enables a company to earn bigger profits per unit sold than rivals.
• E) to charge a lower price than rivals and thereby win sales and market share away from rivals.

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