Product differentiation is the only strategy that has proven effective in dealing with the competitive forces model.

Name: Product differentiation is the only strategy that has proven effective in dealing with the competitive forces model.
Brand: Quizplus
Rating: 4.8 (51 reviews)

Question

Quizplus · Accepted Answer

While product differentiation can be an effective strategy, there are other strategies that can also be effective in dealing with the competitive forces model, such as cost leadership, focus strategy, and innovation.

Product Differentiation Is the Only Strategy That Has Proven Effective