Which of the Following Is Not a Frequently Used Strategic

question 25

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) Striving to be more profitable than rivals by aiming for a competitive edge based on bigger profit margins

• 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:

Discriminative Operant

A behavior that is more likely to be performed in the presence of a specific stimulus because the behavior has been reinforced in the presence of that stimulus in the past.

Stimulus Generalization

The process in which a conditioned response is observed, not only to the original stimulus but also to similar stimuli.

Discrimination Learning

A process by which an organism learns to respond differently to various stimuli, distinguishing between similar but distinct cues.

Excitatory Generalization Gradient

The tendency for the conditioned response to be elicited by stimuli that are similar to the conditioned stimulus.