Which of the Following Is a Seldom Used Strategic Approach

question 35

Multiple Choice

Which of the following is a seldom used strategic approach to setting a company apart from rivals and achieving 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 such differentiating features as higher quality, wider product selection, added performance, better service, more attractive styling, or technological superiority
• C) developing competitively valuable resources and capabilities that rivals can't easily match, copy, or trump with capabilities of their own
• D) focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of serving the special needs and tastes of buyers comprising the niche
• E) copying the attributes of a popular product or service

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Definitions:

Title VII

Part of the Civil Rights Act of 1964, this title prohibits employment discrimination based on race, color, religion, sex, or national origin in the United States.

Prevailing Party

The party that wins a lawsuit or legal proceeding, either through judgement or settlement.

Punitive Damages

Financial compensation awarded in a lawsuit, exceeding simple compensation, intended to punish the defendant for egregious behavior.

Title VII

Part of the Civil Rights Act of 1964 in the United States, prohibiting employment discrimination based on race, color, religion, sex, or national origin.