Risks of following a differentiation strategy:
A) Consumers may not be interested in the differentiation.
B) If the price charged is so high that consumers perceive the difference as not worth paying, and it results in reduced brand loyalty.
C) Buyers may decide that their need for a differentiated product has declined.
D) Competitors may use cost advantage that results in consumers being faced with a viable substitute.
Correct Answer:
Verified
Q7: The business strategy that allows an organization
Q8: A hybrid strategy involves a combination of:
A)
Q9: A firm produces 100 units at a
Q10: Ryanair will be in a better position
Q11: A differentiation strategy must be based on
Q13: According to Porter, if an organization does
Q14: Generic strategy frameworks present a static view
Q15: A hybrid strategy involves a combination of:
A)
Q16: Some authors believe that no generic strategy
Q17: Generic competitive strategies are seen as being
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