Which of the Following Is Not a Frequently Used Strategic

question 44

Multiple Choice

Which of the following is not a frequently used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage?

• A) 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,or more attractive styling
• C) simply trying to mimic the successful strategies of rivals
• 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 expertise and resources that give the company competitive capabilities that rivals can't easily imitate or trump with capabilities of their own

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Definitions:

Narcissism

A personality trait characterized by a pervasive pattern of grandiosity, need for admiration, and a lack of empathy.

Self-love

A regards for one's own well-being and happiness.

Individualistic Cultures

Cultures that emphasize personal goals, autonomy, and individual achievement over group cohesion and interdependence.

Collectivistic Cultures

Societies or groups that prioritize the collective over the individual, emphasizing community, cooperation, and interdependence.