Which of the Following Is Not a Frequently Used Strategic

question 57

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 cannot easily imitate or trump with capabilities of their own

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Definitions:

Participants

Individuals who take part in a study, experiment, or any form of research.

Factorial

Relates to an experimental design that involves two or more independent variables and analyzes their combined effects.

Power Steering

Power steering is a system in vehicles that uses hydraulic or electric power to assist drivers in steering, making it easier to maneuver the steering wheel.

Manual Transmission

A type of vehicle transmission that requires the driver to manually shift gears using a clutch and a gear stick.