Which one of the following is a component of true business strategy?
A) a high level of operational effectiveness
B) a set of activities common to other firms
C) giving customers trade-offs
D) having quite different activities to make similar products for different markets

Question

Quizplus · Accepted Answer

Giving customers trade-offs is a component of true business strategy. It involves understanding customer preferences and designing products or services that require customers to make choices or trade-offs based on those preferences. This creates a unique positioning in the market and can lead to a sustainable competitive advantage. The other choices - A, B, and D - are all important factors for business success, but they do not necessarily constitute a unique business strategy.

Which One of the Following Is a Component of True