Which of the following is not a potential pitfall of a differentiation strategy?
A) Perceptions of differentiation may vary between buyers and sellers
B) Too high a premium price
C) It is easily imitated
D) Highly valued uniqueness
Correct Answer:
Verified
Q25: Firms that compete on overall cost are
Q26: Michael Porter's three generic strategies can be
Q27: The focus strategy refers to focusing on
Q28: A successful differentiation strategy lowers entry barriers
Q29: To generate above average returns, a firm
Q31: Creating a niche by differentiating one's product
Q32: BMW integrates several different dimensions along the
Q32: A successful differentiation strategy increases rivalry since
Q34: Differentiation improves a firm's competitive position by:
A)
Q35: Focus, by itself, often constitutes a competitive
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