Which of the following strategies involve an attempt to distinguish the firm's products or services from others in the industry?
A) Cost leadership
B) Differentiation
C) Focus
D) Internal growth
E) Liquidation

Question

Quizplus · Accepted Answer

Differentiation involves making a firm's products or services unique or different from others in the industry, thereby distinguishing the firm from its competitors. Cost leadership, focus, internal growth, and liquidation are not related to the attempt to distinguish a firm's products or services.

Which of the Following Strategies Involve an Attempt to Distinguish