A Differentiation Strategy Is Best Defined as a Strategy

question 114

Multiple Choice

A differentiation strategy is best defined as a strategy

• A)employed by an organization that operates a single business and competes in a single industry.
• B)an organization uses to build competitive advantage by being unique in its industry or market segment along one or more dimensions.
• C)used to add new businesses that produce related products or are involved in related markets and activities.
• D)used to add new businesses that produce unrelated products or are involved in unrelated markets and activities.
• E)implemented by each functional area of the organization to support the organizations business strategy.

---

Definitions:

Scatterplot

A diagram that maps out the values of two measures to reveal any correlations between them.

Associated Variables

Variables that are linked in some way, showing a statistical relationship through correlation or causation analysis.

Lurking Variables

Variables that are not directly studied but can influence the outcome of an experiment or study, potentially confounding the results.

Explanatory Variable

A type of independent variable that is manipulated to determine its relationship with observations in an experiment or study.