Providing a unique or superior product for which customers are willing to pay is an example of _______________ value creation strategy.

Question

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A differentiating value creation strategy involves providing a unique or superior product or service that customers are willing to pay more for, compared to competitors. This strategy focuses on differentiating the company's product or service offerings from those of its competitors in a way that is valued by customers. Niche strategy focuses on serving a specific segment of customers, cost leadership strategy focuses on offering products or services at a lower cost compared to competitors, international strategy focuses on expanding the business globally, and general strategy does not refer to a specific value creation strategy.

Providing a Unique or Superior Product for Which Customers Are