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Why Is the Strategy Canvas Tool Useful for Positioning

Question 31

Multiple Choice

Why is the strategy canvas tool useful for positioning?


A) ​It represents customer perceptions and preferences spatially by means of a visual display.
B) ​It is an effective way to rebrand a product and push it back into the growth stage.
C) ​It measures differences in the firm's product offering that set it apart from competing offerings.
D) ​It demonstrates the firm's relative position in terms of competitive factors important to the target market.
E) ​It is used to come up with product descriptors that inform consumers about the product.

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