The most expensive competitive strategy to pursue is
A) growth.
B) cost leadership.
C) focused cost leadership.
D) differentiation.
E) hyper-competition.

Question

Quizplus · Accepted Answer

Differentiation is the most expensive competitive strategy to pursue as it requires significant investments in research and development, branding, and marketing in order to create a unique product or service that sets the company apart from its competitors. This can also involve high production costs and the need for ongoing innovation to maintain differentiation over time.

The Most Expensive Competitive Strategy to Pursue Is