Which Strategy for Competitive Advantage Involves Introducing New Products and Putting

question 79

Multiple Choice

Which strategy for competitive advantage involves introducing new products and putting new features in existing products?

• A) cost leadership
• B) differentiation
• C) innovation
• D) operational effectiveness
• E) customer-orientation

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Definitions:

Television Sets

Devices that receive broadcast signals and display them on a screen, providing visual content for viewers.

Arkansas

A state located in the southern region of the United States, known for its diverse landscapes ranging from mountains to dense forests and fertile plains.

Distribution Center

A warehouse or storage facility where goods are stored for distribution to retailers or directly to consumers.

San Antonio

A major city in south-central Texas with a rich colonial heritage, known for the Alamo and River Walk.