Which one of these is a strategy for new ventures to stay competitive with the bigger players in the market?

Question

Quizplus · Accepted Answer

All three strategies can help new ventures stay competitive with bigger players in the market. Targeting high end customers can allow for higher profit margins and differentiation from lower-cost competitors. Creating an online presence can expand the reach of a new venture and create more opportunities for customer engagement. Making connections in the community can help establish trust and credibility, leading to positive word-of-mouth referrals and customer loyalty. Therefore, D is the best choice as all three strategies are beneficial.

Which One of These Is a Strategy for New Ventures