Which of the following is a not a frequently used strategic approach to setting a company apart from rivals and achieving a sustainable competitive advantage?
A)Striving to be the industry's low-cost provider,thereby aiming for a cost-based competitive advantage
B)Outcompeting rivals on the basis of such differentiating features as higher quality,wider product selection,added performance,better service,more attractive styling,or technological superiority
C)Pursuing a best-cost strategy,giving customers more value for the money by satisfying buyers' expectations on key quality/features/performance/service attributes,while beating their price expectations
D)Focusing on a narrow market niche and winning a competitive edge by doing a better job than rivals of serving the special needs and tastes of buyers comprising the niche
E)Copying rivals on their competitive moves

Question

Quizplus · Accepted Answer

Copying rivals on their competitive moves is not a sustainable strategic approach as it does not offer a unique advantage and can easily be replicated by competitors. The other options (A, B, C, and D) are frequently used and can lead to a sustainable competitive advantage.

Which of the Following Is a Not a Frequently Used