Which of the following is a difference between a low-cost strategy and a differentiation strategy?
A) Unlike a low-cost strategy, a differentiation strategy involves persuading customers to pay more for products.
B) Unlike a low-cost strategy, a differentiation strategy focuses a company's efforts on seeking efficiencies.
C) Unlike a low-cost strategy, a differentiation strategy involves reducing product costs.
D) Unlike a low-cost strategy, a differentiation strategy creates similarities between a company's product and that of its competitors.
Correct Answer:
Verified
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