A differentiated strategy would be better served by selecting suppliers with:
A)High quality products,good service standards,and low prices
B)High quality products and good service standards.
C)Suitable quality products,suitable service standards and low prices.
D)Suitable quality products,good service standards and low prices.

Question

Quizplus · Accepted Answer

A differentiated strategy focuses on providing unique and high-quality products or services to a specific group of customers. Therefore, selecting suppliers with high-quality products and good service standards aligns with this strategy. Low prices may not necessarily be a priority in a differentiated strategy as customers are willing to pay for the unique features and quality. Option A may be suitable in a cost leadership strategy where low prices are the main focus, but not in a differentiated strategy. Option C may not meet the standards of a differentiated strategy as only “suitable quality” products and service standards are selected, which do not offer a unique value proposition to customers. Option D is similar to option B, but the use of “suitable quality” products may not align with the high-quality standards of a differentiated strategy.

A Differentiated Strategy Would Be Better Served by Selecting Suppliers