Which of the Following Is a Not a Frequently Used

question 25

Multiple Choice

Which of the following is a not a frequently 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)Pursuing a best-cost strategy,giving customers more value for the money by satisfying buyers' expectations on key quality/features/performance/service attributes,while beating their price expectations
• 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 rivals on their competitive moves

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Definitions:

Network Central

Network Central refers to the most interconnected and influential point or element within a network, playing a pivotal role in communication and resources flow.

External Networks

Relationships or connections a business or individual maintains with parties outside of their own organization, which can provide support, resources, or opportunities.

Passive Non-Compliance

A form of resistance where individuals do not openly defy rules or directives but rather ignore or fail to follow them without direct confrontation.

Influencing Agent

An entity or factor that causes or motivates change in behavior, decisions, or opinions among individuals or groups.