The __________ strategy emphasizes competing with all other firms in the industry by offering a product that customers perceive to be unique.
A) differentiation
B) cost leadership
C) industry leadership
D) related diversification

Question

Quizplus · Accepted Answer

The differentiation strategy focuses on creating a product or service that is perceived as unique or distinct within the market, allowing a company to compete against others in the industry by offering something that stands out to customers.

The __________ Strategy Emphasizes Competing with All Other Firms in the Industry